Co-authored with the Leto.legal teams, a GDPR software company specializing in ensuring compliance with regulations for personal data protection (GDPR, CCPA, etc.).
What is at stake?
Why is it important?
As a company grows, it collects and accumulates an increasing amount of data.
Therefore, it is crucial for entrepreneurs to comprehend the implications and requirements of the GDPR (General Data Protection Regulation) as they bear the responsibility for safeguarding the personal data gathered by their organization.
Demonstrating compliance has emerged as a significant competitive
advantage. Large and medium-sized enterprises systematically assess their partners' privacy aspects. Being able to show GDPR compliance is compelling reassurance, enhancing the company’s chances of winning bids and securing new markets.
Three key steps to take
1️⃣ Keep the privacy documentation up to date.
Adhering to GDPR is an iterative process.
- Regularly update the register of personal data processing to accurately reflect the actual data processing activities.
- Keep the privacy and security policy up to date.
- Show compliance through the implementation of a Privacy Portal that outlines all your efforts in this regard.
2️⃣ Assess the risks.
- Ensure that the implemented security measures are tailored to the startup's data processing activities and that a data protection impact assessment is not necessary. (Refer to :IT risk management and cybersecurity)
- Ensure that data is deleted or anonymized in accordance with the data retention policy and the declarations in the startup's processing register.
- Verify the GDPR compliance of subcontractors (tools, hosting, etc.), especially if they are based in the United States and involve data transfers outside the EU.
3️⃣ Raise awareness among employees about GDPR
- Empowering your employees to handle data more effectively significantly reduces the risks associated with IT systems.
- Identifying a person responsible for GDPR initiatives and even appointing a Data Protection Officer (DPO) in communication with the CNIL, establishes a point of contact for authorities and individuals seeking to exercise their rights.
→ Designating a DPO is mandatory when collecting sensitive data.
📚 Resources and further reading
⚖️ Startup: How to Turn Your GDPR Compliance into a Competitive Advantage? (CNIL)
⚖️ The Register of Processing Activities (CNIL)
📖 Practical GDPR Guide
📖 CNIL Compliance Audit: Alan's Experience Shared
✍️ They helped us to write this page
Leto.legal is a GDPR software company specializing in ensuring compliance with regulations for personal data protection (GDPR, CCPA, etc.).