GDPR

The Genaral Data Protection Regulation (GDPR), effective from May 25, 2018, establishes compehensive requirements for organizations that collect, store, or process personal data belonging to EU residents. Its principal aim is to ensure the privacy and security of European citizens' information, particularly in an era marked by frequent cloud-based breaches and widespread global data transfers. The scope of GDPR extends beyond EU-based entities to include any organization worldwide that manages the data of EU citizens. Non-compliance can result in significant penalties, with fines reaching up to €20 million or 4% of annual global turnover, whichever is higher. In addition to financial repercussions, organizations may also face reputational harm and erosion of customer trust. For organizations seeking support in achieving compliance, our team offers expert guidance to facilitate adherence to these demanding regulatory standards. 

IBSCY Ltd, with certified Data Protection Officers accredited by PECB, brings extensive expertise, experience, and resources to assit your organization in understanding GDPR requirements and attaining full compliance. Our GDPR Readiness Service begins by engaging key stakeholders within your organization, clearly explaining the regulation's impact and consequences, securing commitment, and identifying the most appropriate response strategies. We conduct thorough gap analyses to pinpoint vulnerabilities, provide customized recommendations, and deliver ongoing training programmes to keep your stadd informed about regulatory developments. Our services also include drafting and reviewing privacy policies, implementing robust data protection measures, and managing data subject access requests, ensuring your organization is equipped to navigate all aspects of GDPR compliance efficiently and effectively. 

Embracing change:

Given the complexity of these regulations, attaining compliance is anticipated to be a detailed and extended undertaking. Organizations will need to thoroughly evaluate existing procedures, revise internal policies, conduct comprehensive staff training, and deploy effective technlogical safeguards to align with evolving standards. Compliance to future legislative developments and technological innovations. IBSCY Ltd stands ready to support your organization in navigating these regulatory requirements, protecting business privacy and data, and providing expert guidance, customized solutions, and ongoing assistance at every stage.