Question 1 of 30
GlobalTech Solutions, a multinational corporation headquartered in the EU, is implementing ISO 27701:2019 to manage privacy information across its global operations. As part of this implementation, GlobalTech processes employee data, including sensitive personal information, in compliance with GDPR. A significant portion of this data is transferred from the EU headquarters to a branch located in a country with less stringent data protection laws. The data transfer is essential for human resources management, payroll processing, and performance evaluations. During an internal audit, the auditor identifies that the current data transfer practices lack a clearly defined legal mechanism to ensure GDPR compliance. The auditor raises concerns about potential violations of GDPR\'s international data transfer requirements. Given this scenario, what is the most appropriate action GlobalTech Solutions should take to ensure GDPR compliance for the international transfer of employee data under ISO 27701:2019?
Implement Standard Contractual Clauses (SCCs) between the EU headquarters and the branch in the country with less stringent data protection laws to provide a legal basis for the data transfer and ensure adequate data protection.
Conduct a Privacy Impact Assessment (PIA) to identify and mitigate privacy risks associated with the data transfer, documenting the assessment results and implementing necessary safeguards based on the assessment findings.
Issue a company-wide statement declaring GlobalTech's commitment to adhering to global privacy principles and ensuring data is processed securely, relying on the organization's general privacy policy.
Obtain explicit consent from each employee for the transfer of their personal data to the branch outside the EU, documenting the consent and providing employees with the option to withdraw their consent at any time.

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