Standards Comparison

    GDPR

    Mandatory
    2016

    EU regulation for personal data protection and privacy

    VS

    ISO 31000

    Voluntary
    2018

    International standard for risk management principles and guidelines

    Quick Verdict

    GDPR mandates data privacy compliance for EU data processors worldwide with hefty fines, while ISO 31000 offers voluntary risk management guidelines for all organizations. Companies adopt GDPR for legal adherence, ISO 31000 for strategic resilience.

    Data Privacy

    GDPR

    Regulation (EU) 2016/679 General Data Protection Regulation

    Cost
    €€€€
    Complexity
    Medium
    Implementation Time
    18-24 months

    Key Features

    • Applies extraterritorially to non-EU organizations targeting EU residents
    • Mandates accountability principle with demonstrable compliance evidence
    • Imposes fines up to 4% of global annual turnover
    • Requires 72-hour personal data breach notification
    • Enshrines right to erasure and data portability
    Risk Management

    ISO 31000

    ISO 31000:2018 Risk management — Guidelines

    Cost
    €€€
    Complexity
    Medium
    Implementation Time
    12-18 months

    Key Features

    • Eight principles for integrated risk management
    • Framework embedding risk into governance and strategy
    • Iterative process for risk identification and treatment
    • Customizable to any organization size or sector
    • Focus on leadership commitment and continual improvement

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    GDPR Details

    What It Is

    Regulation (EU) 2016/679, known as GDPR, is a directly applicable EU regulation enacted in 2016 and enforceable since May 25, 2018. It protects natural persons' rights regarding personal data processing, applying extraterritorially to any organization targeting EU residents. Its principles-based, accountability-driven approach emphasizes lawful processing, data minimization, and demonstrable compliance.

    Key Components

    • Seven core principles: lawfulness, fairness, purpose limitation, minimization, accuracy, storage limitation, integrity/confidentiality, plus accountability.
    • Enhanced data subject rights: access, rectification, erasure, portability, objection.
    • Obligations like DPO appointment, DPIAs for high-risk processing, 72-hour breach notifications.
    • Enforcement via DPAs, one-stop-shop, fines up to €20M or 4% global turnover. No formal certification; compliance audited by authorities.

    Why Organizations Use It

    Mandatory for EU data processors; avoids severe fines, mitigates risks from breaches/transfers. Builds stakeholder trust, enables Digital Single Market participation, sets global benchmark influencing laws like LGPD/CCPA.

    Implementation Overview

    Gap analysis, process mapping, ROPA maintenance, staff training, vendor contracts. Applies universally to controllers/processors handling EU data; SMEs face high burdens. Ongoing audits, no certification but DPA oversight.

    ISO 31000 Details

    What It Is

    ISO 31000:2018, Risk management — Guidelines is an international framework providing principles and guidelines for managing risk systematically. It applies to any organization, focusing on identifying, analyzing, evaluating, treating, monitoring, and reviewing risks to create and protect value through a structured, iterative process.

    Key Components

    • **Three pillarsPrinciples (8 core principles like integrated, customized, continual improvement), Framework (leadership, integration, design, implementation, evaluation, improvement), Process (communication, scope/context/criteria, assessment, treatment, monitoring/review, recording/reporting).
    • No fixed controls; flexible, non-certifiable model emphasizing leadership and culture.

    Why Organizations Use It

    • Drives strategic decisions, resilience, and value creation.
    • Meets regulatory expectations indirectly (e.g., Basel III), lowers insurance premiums, enhances trust.
    • Provides competitive edge via risk-adjusted performance and innovation.

    Implementation Overview

    • Phased approach: diagnose/design, build/deploy, operate/optimize, institutionalize.
    • Applicable to all sizes/sectors; voluntary, no certification but internal audits recommended. (178 words)

    Key Differences

    Scope

    GDPR
    Personal data protection and privacy
    ISO 31000
    General risk management principles

    Industry

    GDPR
    All sectors processing EU data globally
    ISO 31000
    All industries worldwide, any organization

    Nature

    GDPR
    Mandatory EU regulation with fines
    ISO 31000
    Voluntary non-certifiable guidelines

    Testing

    GDPR
    DPIAs for high-risk processing
    ISO 31000
    Risk assessments and continual reviews

    Penalties

    GDPR
    Up to 4% global turnover fines
    ISO 31000
    No legal penalties

    Frequently Asked Questions

    Common questions about GDPR and ISO 31000

    GDPR FAQ

    ISO 31000 FAQ

    You Might also be Interested in These Articles...

    Run Maturity Assessments with GRADUM

    Transform your compliance journey with our AI-powered assessment platform

    Assess your organization's maturity across multiple standards and regulations including ISO 27001, DORA, NIS2, NIST, GDPR, and hundreds more. Get actionable insights and track your progress with collaborative, AI-powered evaluations.

    100+ Standards & Regulations
    AI-Powered Insights
    Collaborative Assessments
    Actionable Recommendations

    Check out these other Gradum.io Standards Comparison Pages