Introduction

In today's world where data is crucial, we're in the midst of an Information Revolution. Technology advancements allow us to gather a lot of information about people, places, products, and services. It's important to blend key ideas into our existing data management policies.

To tackle these issues, the General Data Protection Regulation (GDPR) was put into effect across the European Union on May 25th, 2018. In a world shaped by data, it's vital to define how we govern data, process it, and ensure compliance. Hence, any organization handling personal data needs to ensure they follow the rules.

The GDPR aims to unify various national data protection laws with one set of rules, making data protection laws and processing the same across the EU. This gives individuals more rights to access and control their personal information.

Our Pledge to Compliance

At Global Industry Hub, we are committed to high standards of information security, data privacy, and transparency. We handle data in line with laws and regulations, including the GDPR. We value our customers' success and understand the significance of consistent data protection. We're dedicated to protecting personal information and continuously updating our program to meet GDPR requirements.

Getting Ready for the GDPR

The GDPR introduces new rules for organizations within the European Union and those offering goods and services to EU residents, regardless of where they are located.

Global Industry Hub is focusing on the following areas to prepare for the GDPR:

• Improving existing security and business continuity management policies to adhere to enhanced personal privacy rights.
• Conducting privacy assessments to support GDPR compliance, including mandatory breach reporting.
• Strengthening data protection obligations, compliance plans, and secure platforms for customers.
• Providing services to assist customers in understanding and preparing for GDPR.
• Amending data contracts to meet GDPR requirements.
• Implementing a dedicated erasure procedure to comply with the Right to Erasure obligation.
• Training staff on enhanced data rights under the GDPR.
• Upgrading procedures and safeguards for data security, encryption, and integrity.
• Enhancing processes for recording consent and managing data.
• Compliance is a joint responsibility between organizations and customers. Customers need to adjust their practices accordingly. Global Industry Hub ensures customers have control over their data within our system and offers features to meet GDPR obligations.

Ensuring Privacy and Security

Global Industry Hub prioritizes the privacy and security of users' personal information. We take reasonable measures to protect and secure the data we process, including strong information security policies and procedures.

Embarking on the GDPR Journey

To ensure consistent data protection throughout our organization, we've formed a data privacy team responsible for developing and implementing our GDPR compliance plan. This team promotes GDPR awareness, assesses our compliance, and enforces new policies and measures.

We've included GDPR training in our employee training programs to ensure awareness and compliance across our organization.

For more details, please refer to our Privacy Policy at https://www.globalindustryhub.com/privacy-policy or reach out to us at [email protected].