The Complete Guide
Created by Germany-Based OTRS
In May 2018 the European Union instituted the General Data Protection Regulation (shortened to GDPR). This regulation was a new step towards protecting personally identifiable information and outlined a number of efforts that businesses must take in order to guard the data they gather, as well as identified "rights" consumers have related to their data.
With the implementation of GDPR, other parts of the world have begun to examine the way in which they view data, privacy issues and the expectations of businesses. The following Complete Guide to GDPR looks not only at the regulation itself, but also at what it means to businesses throughout the world.
Data privacy is also known as information privacy. Both terms refer to the fact that information exists about people that is important and unique to them. Details about their lives, like medical facts, passport numbers or financial records, are all examples of this information – or data. In interacting with one another and with businesses in today’s world, this data is frequently input into computers and transmitted from location to location over the Internet. Because this information is sensitive, it’s important that it be kept confidential; keeping data safe is the goal of data privacy regulations.
What is Data Privacy?
What is a Data Breach?
What Is Personally Identifiable Information?
One effort recently taken to protect data was the GDPR. The GDPR is a regulation put into practice by the European Union. As mentioned above, it specifies how businesses must act when handling sensitive information. And it offers individuals a series of data rights. It aims to give people power over the information they share and what happens to this information once it leaves their hands.
The General Data Protection Regulation: Europe Leads the Way
NEW: Avoid GDPR Mistakes
One of the things that makes the GDPR so unique, and which has stirred up a lot of discussion, is the fact that it includes severe consequences. Businesses that do not follow the guidelines established by GDPR can incur far more extensive fines than ever before. What’s more is that the regulation applies to how EU citizen data is handled, and not specifically by EU businesses; this means the consequences can be severe for businesses in other parts of the world too.
Is GDPR a Law?
GDPR Fines: The Cost for Companies Around the World
CCPA – An Example of Data Privacy Expansion
While the fines can be intimidating to some businesses, the overall impact of GDPR is that it has further increased awareness by citizens about the issues surrounding their data. More and more, people are becoming aware of how their data is offered up to businesses in exchange for products and services; and they are asking that, when they share their data, businesses respect their privacy concerns. This has led to increased focus on data privacy and protection in the United States and throughout the world.
California Follows Suit: the California Data Privacy Law
Privacy Laws in the US