Risks affecting organizations can have consequences in terms of economic performance and professional reputation, as well as environmental, safety and societal outcomes. Therefore, managing risk effectively helps organizations to perform well in an environment full of uncertainty.
ISO 31000:2018, Risk management Guidelines, provides principles, framework and a process for managing risk. It can be used by any organization regardless of its size, activity or sector.
Using ISO 31000 can help organizations increase the likelihood of achieving objectives, improve the identification of opportunities and threats and effectively allocate and use resources for risk treatment.
However, ISO 31000 cannot be used for certification purposes, but does provide guidance for internal or external audit programmes. Organizations using it can compare their risk management practices with an internationally recognised benchmark, providing sound principles for effective management and corporate governance.
Achieving certification or accreditation for GDPR compliance demonstrates to customers, partners, and stakeholders that the organization takes data protection seriously. It enhances trust and credibility by providing assurance that the organization complies with GDPR requirements and protects individuals’ personal data.
In a business environment where data privacy is increasingly valued, GDPR certification can differentiate an organization from its competitors. It can serve as a competitive advantage, especially when dealing with customers or partners who prioritize data protection and compliance.
GDPR certification indicates that the organization has implemented appropriate measures to comply with the stringent data protection requirements mandated by GDPR. It helps mitigate legal risks associated with data breaches, non-compliance, and regulatory fines by demonstrating a proactive approach to data protection.
The process of preparing for GDPR certification requires organizations to review and enhance their data governance practices. This includes documenting data processing activities, implementing privacy policies and procedures, conducting risk assessments, and establishing mechanisms for data subject rights management. These improvements contribute to better data governance and management practices within the organization.
Callids Global is an accredited certification body that issues internationally recognized accredited certificates to companies in a wide range of manufacturing and service industries attesting to compliance with various national and international regulatory standards.
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