The definitive guide for ensuring data privacy and GDPR compliance
Privacy regulation is increasingly rigorous around the world and has become a serious concern for senior management of companies regardless of industry, size, scope, and geographic area. The Global Data Protection Regulation (GDPR) imposes complex, elaborate, and stringent requirements for any organization or individuals conducting business in the European Union (EU) and the European Economic Area (EEA)―while also addressing the export of personal data outside of the EU and EEA. This recently-enacted law allows the imposition of fines of up to 5% of global revenue for privacy and data protection violations. Despite the massive potential for steep fines and regulatory penalties, there is a distressing lack of awareness of the GDPR within the business community. A recent survey conducted in the UK suggests that only 40% of firms are even aware of the new law and their responsibilities to maintain compliance.
The Data Privacy and GDPR Handbook helps organizations strictly adhere to data privacy laws in the EU, the USA, and governments around the world. This authoritative and comprehensive guide includes the history and foundation of data privacy, the framework for ensuring data privacy across major global jurisdictions, a detailed framework for complying with the GDPR, and perspectives on the future of data collection and privacy practices.
The Data Privacy and GDPR Handbook is an indispensable resource for Chief Data Officers, Chief Technology Officers, legal counsel, C-Level Executives, regulators and legislators, data privacy consultants, compliance officers, and audit managers.
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SANJAY SHARMA, PHD, is the founder and chairman of GreenPoint Global – a data privacy, risk advisory, education, and technology services firm headquartered in New York with over 350 employees and a global footprint.
Sanjay is a 30-year veteran of the financial services industry and has held C-level positions in banking, technology, and risk management at firms including Royal Bank of Canada, Goldman Sachs, Merrill Lynch, Citigroup, Moody's, and Natixis. He teaches graduate courses at four universities in New York City, London, and Nice, France. He has extensive experience in data privacy and management of risk associated with large data frameworks.
He holds a PHD in finance and international business from New York University and an MBA from the Wharton School of Business, and has undergraduate degrees in physics and marine engineering. He lives with his family in Rye, New York.
DATA PRIVACY AND GDPR HANDBOOK
What you need to know and how to prepare for it
The challenges of maintaining privacy of data across all stakeholders existing and potential customers, employees, and vendors are a serious concern for senior managements and boards of businesses and other organizations across the universal spectrum of industries, sizes, scope, and geographic footprints.
The recently enacted General Data Protection Regulation (GDPR) in Europe imposes stringent and elaborate requirements for any firm or organization conducting business in the European Union (EU), with fines for violations up to 5% of global revenue. Yet, the business community's awareness of this law and other emerging data privacy requirements is sorely lacking. A recent survey of firms in the UK suggests that only 40% of the firms are even aware of the law and their responsibilities. This lack of awareness is even more pronounced in the US.
This book addresses data privacy directly and authoritatively. It is divided into four sections: history and foundation of data privacy and associated legal frameworks; necessary constructs for understanding and ensuring data privacy in the US, Europe, and across other major global jurisdictions; deconstruction of GDPR with a comprehensive framework for complying with it; and perspective on the future of data collection and privacy practices.
Data Privacy and GDPR
From the enactment of the General Data Protection Regulation (GDPR) in the European Union (EU) to data privacy laws in the US, governments all over the world are focusing on ensuring that the privacy of customer, vendor, and employee data is respected and adhered to by businesses and other organizations.
In the EU, GDPR provides data privacy protection for all individuals within the EU and the European Economic Area (EEA). It also addresses the export of personal data outside the EU and EEA. It is comprehensive but leaves numerous unanswered questions.
Data privacy regulations and their compliance will continue to be a concern until regulations have been prescribed, universally assimilated, and comprehensively implemented. During this period there will be significant legislative, regulatory and business activity, and outlays for achieving effective and efficient compliance to ensure the privacy of individual data as technologies and societies evolve.
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