Securiti announces a $75M Series C Funding RoundView
In this whitepaper, you will learn about:
In August 2021, China enacted its main data protection regulation, the Personal Information Protection Law (PIPL) which will come into effect on November 1, 2021. Just like the GDPR, the PIPL is going to have a great impact on organizations because of its extraterritorial application, strict compliance requirements, and hefty fines.
Organizations are required to review their policies and practices to ensure compliance with the PIPL. In this detailed comparison, you will understand the key differences between the PIPL and GDPR. Next, you will learn how your organization can comply with all the data protection principles of the PIPL.
The GDPR applies if you, the data subject or the processing itself is in a European Union country. The PIPL applies if you or the data subject is in China, or if the processing is to provide products or services in China or analyze people in China.
Breaching the GDPR carries a maximum penalty depending on the nature of the breach; the maximum fine is €20 million or four percent of worldwide turnover from the previous financial year, whichever is greater.
Breaching the PIPL carries a maximum penalty of 50 million Chinese yuan or five percent of turnover from the previous financial year.
The Multi-disciplinary practice to grow trust-equity of your brand and comply with privacy regulations
At Securiti, our mission is to enable enterprises to safely harness the incredible power of data and the cloud by controlling the complex security, privacy and compliance risks.
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