The General Data Protection Regulations (Gdpr). How It Will Affect Your Business?
On May 25, 2018, a European privacy law is due to take effect that sets a new global bar for privacy rights, security, and compliance.
The General Data Protection Regulation, also known as the GDPR, is fundamentally about protecting and enabling the privacy of individuals. (Who can’t get on board with that!!) The GDPR establishes strict global privacy requirements governing how you manage and protect personal data while respecting individual choice – no matter where data is sent, processed or stored.
Pendello Solutions along with its strong partner, Microsoft, is committed to help its customers achieve the privacy goals of the GDPR.
Although these regulations currently only pertain to EU organizations, we believe these regulations are an important step forward for clarifying and enabling individual privacy rights. Additionally, we fully understand that these regulations will affect organizations globally and it is only a matter of time before they become the guidelines for organizations within the United States.
In order to fully understand how these guidelines will affect us all personally, we need to understand the basics. The who, what and why of the GDPR.
What is the GDPR?
The General Data Protection Regulation is a new privacy regulation across the European Union. It provides individuals with more control over their personal data, ensures transparency about the use of data and requires security and controls to protect data. In layman’s terms, it is a regulation to keep individuals’ data safe.
Whom does the GDPR apply?
The GDPR applies more broadly than might be apparent at first glance. The law imposes new rules on companies, government agencies, non-profits and other organizations whom offer goods and services to people in the European Union (EU), or that collect and analyze data tied to EU residents. It also applies to organizations that are established in the EU, whom offer goods or services in the EU, or that monitor the behavior of EU residents.
Unlike privacy laws in some other jurisdictions, the GDPR is applicable to organizations of any size or industry. Many times, the EU is viewed as a role model on privacy issues and so we expect to eventually see these concepts adopted globally, including here in the United States.
What are the 6 key concepts in the GDPR?
- Requiring transparency on the handling and use of personal data.
- Limiting personal data processing to specified, legitimate purposes.
- Limiting personal data collection and storage to intended purposes.
- Enabling individuals to correct or request deletion of their personal data.
- Limiting the storage of personally identifiable data for only as long as necessary for its intended purpose.
- Ensuring personal data is protected using appropriate security practices.
When does the GDPR take effect?
The GDPR takes effect on May 25, 2018. It will replace the existing Data Protection Directive (Directive 95/46/EC), which has been enforced since 1995. The GDPR actually became law in the EU in April 2016 but, due to the significant changes that some organizations will be required to make to be compliant, a two-year transition period was included.
Like many other new regulations and compliance requirements, the language of the guidelines and how to become compliant can be difficult to decipher. For more information on these guidelines and how your business can get a jumpstart on the journey, contact the business technology experts at Pendello Solutions. Their expertise on how these guidelines will apply to your business now and also in the future will help you prepare! For we all know we should follow the Five “P’s” of Pendello president, Mike Jackson: Prior Planning Prevents Poor Performance! So, contact the Pendello teamtoday to make sure your security is ready to make this make this future compliance journey!
something that is going to last. To explore these options and to get an expert’s opinion on what your business needs, contact the business technology experts at Pendello Solutions. They will make sure your business needs are covered in the most effective, efficient and secure fashion.
At Pendello Solutions, we turn technology hurdles into powerful assets. Our technology solutions fuel growth, productivity, and efficiency, through continuous innovation and strategic solutions, empowering your business beyond the imaginable. Contact us today to discover the Pendello Method.