How GDPR Affect Your Business?
How GDPR Affect Your Business?
The General Data Protection Regulation (GDPR) is the new EU data protection law. It is designed to allow individuals to have more control over their personal data and imposes new obligations on organizations that collect, manage or analyze such data, including those outside the EU.
The GDPR Regulation came into force on May 25, 2018. Prepare for the GDPR by following the steps below and discover the answers to some very important questions about the GDPR Regulation and what it may mean to you.
Basic changes under GDPR
Privacy policy
People have the following rights:
- Gain access to and export of their personal data.
- To delete their personal data.
- Correct errors in their personal data.
- Oppose the processing of their personal data.
Checks and disclosures
Companies and organizations should:
- Protect personal data by taking appropriate security measures.
- Notify authorities of personal data breaches.
- Obtain consent for the collection and processing of personal data.
- Maintain records that provide detailed information on data processing activities.
Transparency
Companies and organizations must implement policies that:
- They will provide clear disclosure for data collection.
- They will describe the reason and cases of processing of personal data.
- They will prescribe data retention and deletion policies.
IT and Education
Companies and organizations should:
- To train employees on best practices for the protection of personal data and security.
- Monitor and update data protection policies.
- Designate a Data Protection Officer if necessary.
- Conclude and manage contracts with suppliers that comply with the Regulation.
4 basic steps you can take today to comply with GDPR
Determination: identify where personal data is and where it is located
Check your data and procedures to evaluate whether GDPR applies to your organization.
Management: decide how personal data is used
Create transparent policies that clearly describe how, when and why your organization collects and processes personal data.
Protection: Establish security controls to protect your data.
Protecting your personal data is your responsibility. Configure a risk management program and use the secure cloud infrastructure and advanced Artifex Net security features.
Reference: Make data requests and maintain the required documentation
GDPR sets new standards on transparency, accountability and record keeping. Take advantage of the control tools built into Artifex Net‘s cloud services to comply with the new standards.
Frequently Asked Questions
The General Data Protection Regulation (GDPR) is the new EU data protection law. It replaces the Data Protection Directive, which has been in force since 1995. Although the GDPR regulation retains many of the principles established by the Directive, it is far more ambitious. Among its most notable changes, the GDPR Regulation enables individuals to have greater control over their personal data and imposes many new obligations on organizations that collect, handle or analyze personal data. The GDPR regulation also gives national legislators new powers to impose significant fines on law-breaking organizations.
The GDPR Regulation imposes a wide range of requirements on organizations that collect or process personal data, as well as the obligation to comply with six key principles:
- Transparency, objectivity and legality regarding the handling and use of personal data.
- Restrict the processing of personal data for specified, explicit and legitimate purposes.
- Collecting and storing only the minimum personal data required for a purpose.
- Ensure the accuracy of the data, including the ability to delete and edit it.
- Limit the period of storage of personal data.
- Ensuring the security, integrity and confidentiality of personal data.
The GDPR regulation applies to organizations of all sizes, regardless of industry. In particular, the GDPR Regulation applies to:
- the processing of each person’s personal data if it is processed within the framework of the activities of an EU-based organization (regardless of where it is processed).
- the processing of the personal data of persons residing in the EU by an organization established outside the EU where the processing relates to the provision of products or services to such persons or the monitoring of their behavior.
