WHAT THE FINDINGS OF THE RESEARCH BASED ON GDPR THIS YEAR, INDICATE

1. W WHAT THE HAT THE F FINDINGS OF THE INDINGS OF THE R RESEARCH G GDPR DPR T THIS HIS Y YEAR ESEARCH B BASED EAR, ,I INDICATE NDICATE ASED O ON N Everybody knows that Artificial Intelligence and machine learning solutions are turning out to be the best tools for writing the success stories of most of the organisations in the corporate world. But it is also an equally truthful fact that most of it is leading the global market to a sort of vulnerability that none of the organisations is yet ready to face. Now, if we take a look at the general data protection regulation law or and the fines associated with it, we will understand that all the organisations are still not being able to comply with the basic cyber security reforms. If we talked about the severity of the situation, the recently published articles that focus on all the biggest fines in the year 2020 so far, we will get a detailed data about how all the companies are neglecting this particular law and also the situation where they are not at all focusing on The customer data with their handling. KEY FINDINGS OF SOME OF THE BIGGEST RESEARCH STUDIES If we are talking about the cyber security services, and not entirely focusing on the cyber security managed services, we can take a look at the key findings of some of the most

2. influential research studies and base our analogy on them, and grasp the main reasons behind the basic mistakes which the corporate world is doing. On that note, let's get down to these findings and subsequently understand the main idea behind them. The technological giant Google, which received what was one of the biggest fines in the year 2020.The amount was a whopping 50 million Euros or 56.6 million dollars. • Speaking about the increasing numbers of GDPR fines, this year in the month of July, and this number was the largest since the law was introduced. A total of 45 fines were charged in a single month. This also made July the only month since the initiation of this law, which witnessed such an enormous number of fines. • Between the years 2018 and 2019, the number of fines issued per month was increased by 260%. • When the total amount was calculated, the overall fines that were charged this year amounted to almost 176 million Euros. • In the first few months of 2020, the total number of GDPR violations was 220. • WHAT DO THESE FINDINGS IMPLY? Any rational reader will agree that all these findings are focused on one fact that the GDPR consultancy services are the biggest reasons why an adverse situation has befallen the Global market. It might be the in capability of the experts but it's also the negligence of all the organisations collectively. It can be said that all the influential candidates in the consultancy sector of the corporate world coma are taking these numbers seriously, but obviously these numbers are indicating an entirely contradictory fact. But as we all know that it is not a blame game. And so, we should understand that these findings only indicate that the governance risk and compliance aspects of all the companies in all the industries are pretty much shaken up.