GDPR compliance: What businesses need to know
The EU General Data Protection Regulation (GDPR) is a comprehensive data protection law that went into effect in May 2018. The GDPR imposes strict new requirements on businesses that process personal data of EU residents, and non-compliance can result in hefty fines.
Here are some key things that businesses need to know about GDPR compliance:
Implement multi-factor authentication (MFA). MFA adds an extra layer of security to your online accounts by requiring you to provide two or more pieces of evidence when you log in. This makes it much more difficult for hackers to access your accounts, even if they have your password.
Implement a data breach response plan. A data breach response plan outlines the steps that you will take in the event of a data breach. This plan should include procedures for notifying affected individuals, investigating the breach, and mitigating the damage.
Make it easy for data subjects to exercise their rights. The GDPR gives data subjects a number of rights, including the right to access their personal data, the right to have their personal data corrected, and the right to have their personal data erased.
The GDPR is a complex regulation, but it is essential for businesses that process personal data of EU residents to comply with its requirements. By following these tips, businesses can help to protect themselves from fines and other penalties.
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