GDPR is the most impactful privacy regulation that affects global organizations. It makes the organization's entities responsible for privacy and security of personal information. The regulation focuses on the concept of individual rights to be upheld while processing personal data. A maximum ﬁne of 4% of global turnover is an important consideration as it directly impacts the organizational profitability. Associated reputational impact and loss in shareholder value would increase the residual risk that organizations need to manage.
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