Tomorrow, on the 25th of May 2018, is the day when GDPR goes into full effect. Are you prepared for it?
The idea for what is now known as the General Data Protection Regulation, or GDPR for short, originally sprung up in January 2012, and the European Commission is to thank for it. If you’re a European business or an individual, you’re going to be affected by it in one way or another.
GDPR was designed to give citizens more control over their personal data. Those who manage it will have more obligations to protect it from misuse and exploitation. Failure to meet these strict new demands could result in fees and penalties.
If you’re a business that’s operating in the EU, or if you’re selling goods or services to the European citizens, GDPR will have an effect on how you conduct your business.
The following types of data are considered to be of personal nature:
– IP addresses
– Genetic data
– Biometric data
The UK is set to leave the EU on the 29th of March 2019, but in any case, Brexit won’t have an effect on GDPR. After all, GDPR works for the benefit of the country.
When GDPR goes in effect, citizens will have a right to know when their data has been hacked. As soon as the breach is discovered, the organisation is responsible for reporting it to the appropriate authorities within 72 hours.