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The General Data Protection Regulation (GDPR) 2016/679 governs data protection and privacy in the European Union and the European Economic Area. The goal is to enable the safe and open flow of data across EU borders, as well as to safeguard all EU citizens from data breaches and privacy violations.
The GDPR aims to provide citizens and residents more control over their personal data while also simplifying the regulatory environment for international business by consolidating EU regulations. The GDPR broadens the scope of EU data protection legislation to include all international enterprises that process personal data of EU citizens.GDPR involves the following – The Right to be forgotten, Personal Data, Privacy by Design and Default, User Explicit Consent, Data Breach Notification
The EU recognized the necessity for updated security as technology advanced and the Internet was created. The GDPR signals Europe‘s hard stance on data privacy and security at a time when more people are committing their personal data to cloud services and data breaches are becoming more common. GDPR compliance is a massive project, especially for small and medium-sized businesses (SMEs).
SOC 2 Type 1 – A Type 1 report focuses on policies and procedures for ensuring Trust Service Criteria at a certain point in time. This means that an auditor will assess a company once on a set of criteria and controls to ensure that it meets specified control requirements.
SOC 2 Type 2 – A Type 2 report is an internal control report that details how a corporation protects client information and how well those SOC 2 controls are working. Independent third-party auditors produce these reports, which address the concepts of security, availability, confidentiality, and privacy.
The GDPR regulates the transfer of personal data outside of the European Union and the European Economic Area. The compliance gives data owners the right to data portability. The GDPR compels businesses to take adequate data security measures to protect customers‘ and employees‘ personal information from loss or disclosure. The following points should be kept in mind by the organization to attain that goal:
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