A.I. Driven comprehensive cloud software suite for
Governance Risk Compliance and Privacy management with
GDPR, CCPA, PDPL, ISO27001 and other Regulations/Standards
What is GRC? GRC software, streamlines risk management procedures, complies with legislation and develops organizational policies while lowering costs and increasing incentives for business growth. The GDPR refers to the businesses' data processing operations, irrespective of scale, that are data processors or controllers for an EU establishment.
Why is it important? Why does GRC matter? Effective implementation of the GRC helps the organization reduce risk and improve control efficiency, safety and compliance through an integrated and unified approach that reduces the ill effects of organizational silos and redundancies. Cyber Safety approach the GRC. GRC allows an organization to promote a well-coordinated and organized security organization.
What is GDPR? Is a legislation of the European Union and of the European Economic Area, of International data security and privacy rule. It also deals with transferring personal data outside of EU and EEA areas.
What is GDPR’s aim / purpose? Nowadays, cyber security has pioneered data protection. As of 25th May 2018, the EU's General Data Protection Regulation (GDPR) has entered into force and its purpose is to address data protection issues in all forms of media around the world. As a rule aimed at protecting the privacy of EU citizens (regardless of the location of their data), the expectations of the GDPR try to be as independent as possible from the complexity of the systems involved. EU courts, now in effect, can severely punish any company in the world that mishandles its citizens' data in accordance with regulations. Furthermore the GDPR's concerns are not just punitive while their goal is to provide a comprehensive model of personal data protection ideals (on the EU side).
What happens if a company fails to comply with the GDPR? This is well-presented that the possible GDPR breach penalties are increasing to € 20 m or 4% of the worldwide annual sales, whichever is higher.
ISO 27001 (formally known as ISO / IEC 27001:2005) is an information security management system
specification (ISMS). An ISMS is a policy and procedural framework that includes all legal, physical, and
technical controls involved in information risk management processes within an organization.
Any company that wants to operate in an environment where safe file transfer is a priority will support other organizations that have been accredited to comply with ISO 27001. This states that the ISMS in place is legal, and regular steps are being taken to ensure it is as secure as possible.
The ISO / IEC 27001 is the only universal standard which can be reviewed and which specifies the specifications for an ISAP-ISMS program. The prototype is designed to ensure proper and balanced security checks are selected. This choice helps an organization protect its assets, and stakeholders, particularly its customers, have trust in it.
The importance of CCPA:
The CCPA would have a significant effect on corporate privacy policies in all technology, media, entertainment, and telecommunications (TMT) industries. Brands centered mainly on the US and markets in the Americas largely escaped the impact of GDPR. Nonetheless, the rising tide of consumer and legislation concerns about privacy is driving mobilization of data protection through TMT globally.
Considered one of the most comprehensive data security regulations in the United States, CCPA allows citizens in California the right to monitor how companies handle their personal information. Companies will now be forced to respect California residents requests to view, delete, and opt out of sharing or selling their details. In addition, companies would have to address a range of CCPA-specific provisions when upgrading their privacy policies, such as the prescriptive opt-out steps taken by the CCPA, and the need to avoid selling customer data upon request by any person.
How Enactia helps?
Enactia Ltd is a collaboration of experts specializing in the areas of development of cyber security, data privacy, compliance, corporate governance, and software cloud applications. The flagship product of Enactia is an online platform which is available via subscription as a cloud application for businesses around the world. Enactia has been developed to help resolve recent privacy guidelines and regulations worldwide.
Data Protection and Privacy Advisory services, IT Privacy reviews and assessments (IT Audits / Cyber security reviews / Penetration Testing / ISO 270001 compliance) are already part of most organizations. When using Enactia's Cloud Software, you can claim that you shall be in compliance with GDPR or other similar legislation or guidelines from other jurisdictions and work in a methodical efficient manner.