What is GDPR?
GDPR is short for the General Data Protection Regulation. The law was passed by European lawmakers to create a harmonized data privacy law across EU member states. Its purpose is to:
1. Support privacy as a fundamental human right.
2. Require companies that handle personal data to be accountable for managing that data appropriately; and give individuals rights over how their personal data is processed or otherwise used.
How does GDPR impact you?
Individuals, companies, or businesses that have a presence in the EU or, if no presence, offer goods or services to, or monitor the behavior of, individuals in the EU need to comply with this law.
What do you need to do differently to comply with GDPR?
If the GDPR applies to you, there are various obligations you will need to comply with in order to continue doing business with your customers from the EU. Luckily, not all of these obligations are new, so you should be complying with some of them already.
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Monday, September 28, 2020