Risks of non-compliance with the RGPD
Non-compliance with the RGPD can result in heavy financial penalties for your company. The CNIL (Commission Nationale de l’Informatique et des Libertés – French Data Protection Authority) has already fined several doctors and medical practices for non-compliance with access rights, failure to cooperate with the CNIL and breaches of data security. These fines range from 2,000 to 10,000 euros, and represent a major financial burden for small businesses.
A cyber attack can have disastrous consequences for your brand image and the trust of your customers and partners. What’s more, according to a French Senate report, 50% of SMEs that fall victim to a cyber attack file for bankruptcy within 6 months of the incident. A study by British insurer Hiscox also shows that over 80% of companies that lose their IT data as a result of a cyber attack go bankrupt within 12 months. It’s essential to take steps to prevent these risks and protect your business.
RGPD compliance is a legal obligation, and organizations are increasingly exposed to the risks of cyberattacks. Customers and partners are increasingly sensitive to how their data is used. What’s more, RGPD compliance is a communications issue and a confidence-building lever for organizations. Data is a highly coveted asset, subject to theft (cyber-attacks). Penalties for non-compliance have risen sharply. Compliance creates a framework in which the data collected by the organization can be used without creating legal and cyber risks.
Our approach to RGPD compliance and cybersecurity is distinguished by its pragmatism and adaptation to the needs of SMEs/SMBs. Our aim is to help you boost your level of preparedness without disrupting your business model. Once the new guidelines have been integrated into your operations, we’ll harness the full potential of your data using our Data Analytics skills. This approach enables us to achieve a return on investment for our customers, making our approach a win-win situation.
Don’t let your company be the next victim of a cyber-attack or CNIL sanction. Contact us today for tailored RGPD compliance and cybersecurity support.
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