4 Reasons to start thinking about GDPR compliance

Shannon Idea generator Vanta Team Member Conversation starter
  1. Protects individuals' privacy rights: GDPR gives individuals greater control over their personal data, including the right to access, correct, and delete their data. Organizations that comply with GDPR are demonstrating their commitment to protecting individuals' privacy rights and building trust with their customers and stakeholders.

  2. Avoids costly fines and legal penalties: Non-compliance with GDPR can result in significant fines and legal liabilities. Organizations that fail to comply with GDPR could face fines of up to 4% of their global annual revenue or €20 million, whichever is greater. By complying with GDPR, organizations can avoid these costly fines and legal penalties.

  3. Enhances brand reputation: Compliance with GDPR can enhance an organization's reputation by demonstrating its commitment to protecting personal data and respecting privacy rights. This can help organizations build trust with their customers and stakeholders and differentiate themselves from competitors.

  4. Promotes data security: GDPR requires organizations to implement appropriate technical and organizational measures to protect personal data against unauthorized access, disclosure, or destruction. By complying with GDPR, organizations can strengthen their data security practices and protect against data breaches and cyber-attacks.

 

Comments

7 comments

  • Comment author
    Lucien Pinto Community Founding Member Conversation starter Idea generator

    In a more pragmatic approach, I'd say that it's a must-have to do business with any EU company :).

    2
  • Comment author
    Lucien Pinto Community Founding Member Conversation starter Idea generator
    • Edited

    On our side, GDPR compliance through Vanta was an obvious decision :) !

    2
  • Comment author
    Shannon Idea generator Vanta Team Member Conversation starter

    Lucien Pinto  that is so true! I know many companies look for this before doing business with vendors; it's incredibly important to have for building trust.  

    1
  • Comment author
    Lucien Pinto Community Founding Member Conversation starter Idea generator

    This news made my day :) !

    1
  • Comment author
    Shannon Idea generator Vanta Team Member Conversation starter

    What are some of the biggest reasons your company complies with GDPR? Let us know your thoughts! 

    0
  • Comment author
    Dennis Rolf

    Does anyone know if Vanta can provide a GDPR compliance certificate? So far I cannot find any Data Protection certificate that is relevant in the EU. 

    0
  • Comment author
    Lucien Pinto Community Founding Member Conversation starter Idea generator

    Hey Dennis Rolf !

    For GDPR standard, "certification" doesn't exist, it's only "compliance".

    In Vanta, you can subscribe to the GDPR module that will get you through all the process until getting all the required documents and tests.

    Once 100% achieved, you can consider yourself as "GDPR compliant" (and publicly display a nice GDPR logo :) ).

    Hope this clarifies :).

    0

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