The General Data Protection Regulation (GDPR) has revolutionised the way companies handle personal data. To ensure compliance and avoid costly penalties, companies must invest in GDPR skills testing and training. (Statistics from the European Data Protection Board).
Recent statistics underscore the importance of GDPR compliance. In May 2023, Meta Platforms Ireland Limited (Meta IE), the company behind Facebook, was slapped with a huge fine of €1.2 billion for serious breaches of the GDPR. This incident is a stark reminder of how important GDPR training is for companies that handle personal data.
Avoid costly fines with GDPR skills testing and training
One of the biggest benefits of GDPR preparedness testing and training is avoiding costly fines. Failure to comply with the GDPR may result in fines of up to €20 million or 4% of annual global turnover, whichever is higher. Training ensures your employees understand the complexities of GDPR, reducing the risk of breaches that could result in hefty penalties.
Reduce legal obligations
Failure to comply with GDPR may also expose your company to legal liability. Customers or data subjects can bring lawsuits against companies that mishandle their personal data. Training your employees prevents the risk.
Protect your reputation
Violating GDPR can damage your company’s reputation and undermine the trust of your customers and partners. The negative publicity resulting from a data breach can have long-lasting effects. Competency testing and training help your employees understand the importance of data protection and promote a culture of responsible data use to protect your brand integrity.
Boost employee morale
GDPR training not only protects your business but also improves employee morale. Employees who are fully informed about data protection feel more secure in their roles. They understand their responsibilities and the key role they play in ensuring GDPR compliance, thereby increasing employee engagement and motivation.
Enhance customer trust
In today’s data-aware world, customers value their privacy more than ever. GDPR skills testing and training demonstrate your commitment to protecting data. This interaction builds customer trust and has the potential to increase customer loyalty and positive word-of-mouth recommendations.
Optimise data processing
Training teaches your employees effective procedures for handling personal data. You’ll learn how to collect, store and process data in compliance with GDPR, reducing the risk of errors and inefficiencies that can lead to costly breaches.
Investing in GDPR knowledge testing and skills training with ISV.Online can help your company avoid significant financial losses and reputational damage. By ensuring your employees understand the complexities of GDPR and its role in compliance, you will protect your business, customers and brand reputation. This is a proactive move to secure your future in the digital age.
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ISV.Online is the leading supplier of skills testing software and services to the UK Recruitment Industry. Used by 9 of the top 10 UK agencies, by number of offices, and 7 of the top 10, by revenue, ISV.Online offers candidate skills assessment and evaluation software and online training tools, allowing agencies and in-house HR/recruitment teams to validate the skills of potential candidates and existing employees across a wide range of areas.