DATA PRIVACY AND GDPR HANDBOOK What you need to know and how to prepare for it
The challenges of maintaining privacy of data across all stakeholders ? existing and potential customers, employees, and vendors ? are a serious concern for senior managements and boards of businesses and other organizations across the universal spectrum of industries, sizes, scope, and geographic footprints.
The recently enacted General Data Protection Regulation (GDPR) in Europe imposes stringent and elaborate requirements for any firm or organization conducting business in the European Union (EU), with fines for violations up to 5% of global revenue. Yet, the business community's awareness of this law and other emerging data privacy requirements is sorely lacking. A recent survey of firms in the UK suggests that only 40% of the firms are even aware of the law and their responsibilities. This lack of awareness is even more pronounced in the US.
This book addresses data privacy directly and authoritatively. It is divided into four sections: history and foundation of data privacy and associated legal frameworks; necessary constructs for understanding and ensuring data privacy in the US, Europe, and across other major global jurisdictions; deconstruction of GDPR with a comprehensive framework for complying with it; and perspective on the future of data collection and privacy practices.