The main task a DPO is to ensure that a company’s activities are in line with the new rules, and to help to avert huge fines.Fines could amount to €100m, or 2-5 percent of the company’s global turnover, the greater figure applies. The Regulation would apply not only to data controllers and processors established in the EU: the new rules impact every entity that holds or uses Europeans’ personal data both inside and outside of Europe.
Even without taking future controls into consideration, companies are strongly advised to explore the need of organisational adjustments before the regulation becomes law.
How can a DPO help your company, in detail?
A DPO can advise you on how to adjust your business model to upcoming regulation, and at the same time maximising your benefits from data analytics. This is our ‘smart compliance’ approach.
In our White Paper, we analyses in detail how your Company can benefit from a Data Protection Officer, considering the risks associated with your data processing operations, regardless of the legal requirement.
Whilst advising the employees who are processing data of their obligations pursuant to EU Regulation and National rules if needed, the DPO can draft the data protection impact Assessment and monitor its performance. An expert DPO can also draft and advise on standard contractual clauses and binding corporate rules as legitimate frameworks for transferring EU citizens’ data out of the EU- both to the USA and other countries.
You can download for free our Data Protection Officer White Paper by registering to our Knowledge Centre.
Aphaia’s Knowledge Centre covers a wide range of categories, including telecoms, information society, media, data protection, competition, energy and environment, and it is composed by Aphaia’s experts and leading industry analysts. You can explore our many titles to gain in-depth knowledge about legal reforms affecting your business, and follow some of the most important debates of today.
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