Do I need a Data Protection Impact Assessment to avoid GDPR fines?

Essentially, Data Protection Impact Assessment (DPIA) is a tool that is proposed under the General Data Protection Regulation (GDPR) for doing a risk analysis of the threats that a processing activity in a business entails. If your business has sensitive or large scale data, then, DPIA becomes relevant to you ensure compliance with data protection principles and to avoid GDPR fines.

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