Ever feel like GDPR compliance is a maze where you're running in circles? No more! Find your way with our tailored solutions and get compliant without breaking a sweat.
Captain Compliance offers comprehensive, tailor-made GDPR compliance services to ensure smooth sailing when navigating what can feel like the rocky seas of the GDPR framework.
Having the peace of mind to know that you are compliant and protected from hefty fines is the cornerstone of what we do. How you handle and manage personal data can become a complex endeavor, but we make it easy for you to manage with our suite of tools.
Complex GDPR regulations can feel overwhelming, but Captain Compliance, your experienced partner, has got you covered. Offering custom-crafted solutions that fit with organizations of all sizes and verticals, we can help you build out a program, or if you have one running, we can help audit and implement changes to further secure your program and protect you from regulators that may fine your competition.
Every sector is different - so too should their compliance measures! Whether a global tech giant or an avant-garde start-up, we provide personalized packages that align with specific business needs while keeping up-to-date European Union privacy laws at bay!
Let’s learn more about the GDPR, why complying with it matters, and why we’re the best fit for your business.
GDPR stands for General Data Protection Regulation, which came into effect on May 25th, 2018. It’s a law passed by the European Union (EU) that takes data privacy seriously—raising its importance to new heights.
Basically, it safeguards European Union consumers’ data when companies decide they'd like to hold onto their personal details for one purpose or another – everything from email addresses and phone numbers all the way down to credit card transactions and religious affiliations.
It sets out rules about how businesses should handle individuals’ private information or more commonly called “Personal Data” and gives people power over what gets stored. Additionally, consumers now have the right to correct inaccurate information or have it deleted entirely!
The regulation also requests organizations take certain steps to protect personal information collected, such as appointing a Data Protection Officer, conducting DPIAs, and following data transfer protocols.
The regulations don’t stop at EU borders either. Any organization anywhere in the world that does business with EU residents has to comply - or face consequences which could be quite severe.
Speaking of penalties, GDPR violations can carry fines up to 20 million Euros ($22 million) or 4% of an organization's total global annual turnover from the previous financial year—whichever is higher!
In a nutshell - GDPR means businesses have to be fully transparent about how they're using and protecting personal data while also giving people more control over their information. If you don’t the EU regulators will come after your organization with the threat of hefty fines for non-compliance.
When businesses choose to ignore GDPR compliance, they are choosing a path that is often much more difficult for them. Here's why:
First off – fines! A business risking compliance truly toes the line as GDPR enforcement does hold severe penalty strokes. With penalties reaching up to 20 million Euros or 4% annual global turnover—whichever is greater. Non-compliance could mean your business shutting down and never opening again.
And these aren't the only expenses you'll need to consider. You may also have to consider potential lawsuit costs from data breach victims due to a lack of adequate security measures according to the law's guidelines.
Equally important are reputation risks involved. Nothing destroys consumer trust more than when their personal data is compromised. When customers aren’t convinced that a business can keep them safe, they might switch to a competitor — leading to substantial losses in clientele and revenue. With GRC standards on how long after a data breach, you need to reach out to the affected parties and let them know about the breach and if you don’t, you risk another fine for violations.
Ensuring flawless compliance demonstrates corporate responsibility! Being GDPR-compliant shows current and potential clients you're respecting privacy while taking your obligations as an organization seriously.
Staying true to GDPR regulations isn't optional – but neither should it be viewed as a burden. Rather, it can be thought of as a special way organizations operate to strengthen customer relationships. Operating with honesty and transparency about how you collect, use, and protect data is the digital version of building a strong foundation for your business.
Navigating GDPR, as well as other global data privacy frameworks, can be a daunting task, but at Captain Compliance, we're here to simplify the process.
Our team specializes in providing custom solutions for businesses looking to become compliant with the GDPR. We've translated all those complex laws and requirements into understandable actions and can incorporate them seamlessly into your operations with our solutions!
Dealing with personal data doesn’t have to stress your business when you partner up with us! Plus, avoiding hefty violation fines while securing client trust is a great idea!
So why wait any longer? Partner with us to ensure compliance with our GDPR solution.