Cost Projection Model for GDPR Non-Compliance Fines in High-Risk Data Environments of Healthcare SaaS

What is the Cost Projection Model for GDPR Non-Compliance Fines in High-Risk Data Environments of Healthcare SaaS?

Navigating the landscape of healthcare SaaS means you deal with highly sensitive data, subject to the stringent regulations of the General Data Protection Regulation (GDPR). Non-compliance isn't just a minor oversight; it's a ticking time bomb that can lead to catastrophic fines. The stakes? The potential for penalties up to €20 million or 4% of your total annual revenue—whichever is higher. This calculator allows you to project these costs based on various operational scenarios, helping you grasp the financial repercussions of non-compliance before it’s too late.

How to use this calculator

1. Input Variables: Start by entering key figures that reflect your organization’s structure and data handling practices. This may include the number of patients, volume of data processed, or instances of data breaches.
2. Review Outputs: After entering your data, the calculator will generate an estimate of potential fines based on your input. Take a close look at these numbers.
3. Adjust Inputs: Modify your initial values to see how different scenarios affect your potential fines. This allows for a range of projections based on best-case and worst-case situations.
4. Analyze Risks: Use the results to identify specific areas in your data handling operations that require immediate attention to avoid ruinous fines.