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The European Union’s General Data Protection Regulation (GDPR) is the most significant data privacy regulation in history. Its impact is already being felt around the world.
It’s not just companies in the EU that are subject to the GDPR; companies based outside the EU that provide services or goods to the EU (including for free) are also subject. Violation of key GDPR provisions could result in fines of up to 4% of a company’s global annual turnover. This means literally millions of dollars could be at stake for non-compliance.
For the general workforce, global privacy awareness training need not make employees experts on the GDPR. Instead, the training should focus more generally on privacy. Training should teach employees what to do to protect personal data to respect people’s rights and fulfill the obligations of GDPR. Training should also explain why protecting personal data is important.
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