In April 2016, The European Commission ratified The General Data Protection Regulation (GDPR), which covers the capture, control, and consent to use personal information. Specifically, GDPR broadens the scope of personal privacy laws to protect the data rights of EU citizens.
As the complexity of IT networks has grown, the inventiveness and sophistication of cybersecurity threats and attacks have grown quickly, too. The level of exposure is unsettling by itself. The General Data Protection Regulation (GDPR) is enforceable with fines equal to 2 percent of an entity’s global gross revenue for violations of record-keeping, security, breach notification, and privacy impact assessment obligations. This offers companies no other choice but to take notice and absolutely ensure compliance.