The General Data Protection Regulation, abbreviated GDPR, is a regulation you need to implement in your organization to provide protection for personal data in the organization. Time is rapidly running out to meet the deadline that has been set. This is why it is vital to know what GDPR is and what it means for your organization.
GDPR: What is It?
In April 2016, the European Parliament adopted this regulation, replacing an existing data protective that has been in force since 1995. The new regulation carries different provisions that require you to protect customer data and the privacy of your clients.
The provisions of this regulation are uniform across all the EU member states, which mean all the companies in the region need to meet a single standard. However, the standard is a complicated procedure that requires you to put in time and effort.
Why Is It Vital?
The answer to this question simple – with the advent of the digital age, the privacy of information has become more and more crucial. Additionally, the various aspects of the former directive weren’t helping at all. The directive is outdated and doesn’t address the different ways to store, collect and transfer data.
Another reason for the need for GDPR is that the incidences of data loss and breach have soared over the past few years. Clients are losing data to cybercriminals that use the data for wrongful gains.
What Kind of Data Does GDPR Protect?
When you subscribe to GDPR, you are looking for the best ways to protect different kinds of data including:
- Personal identity information such as the name and address.
- Web data including the location, cookie data, and IP address.
- Health data.
- Biometric data.
- Sexual orientation.
- Political opinion.
- Ethnic data.
As you can see, this is personal data that is vital to a person.
Is Your Company Affected?
If you store or process personal information about citizens of the EU, you must comply with the regulation. This means you are affected even if you don’t have a physical or web-based presence in the EU. You must be compliant by May 25th, 2018 or you might face the penalties.
Once you determine that you need to comply with the regulations, you need to assign roles to various employees. You need to create the post of a data controller, data protection officer and data processor. These workers are responsible for handling everything regarding the compliance. You can also work with Amazing Support to start the process towards GDPR compliance.
What If You Can’t Meet the Deadline?
If you can’t complete the regulatory contracts, you stand to face penalties. The EU is known for the steep fines it levies against companies that don’t comply with regulations. Failure to follow the dictates of GDPR might work against you if a data breach occurs.
Once you know what you need to do to achieve GDPR compliance, you get the basis to start preparing for compliance. Take time to know what you need to do and do it well so that the process proceeds faster.