This regulation gave a platform wherein the data subjects have the right to request a portable copy of the data collected by a processor in a particular format and the complete right to have their data removed under circumstances. It was officially rolled out worldwide on May 25, 2018.
Lawfulness, fairness and transparency
Integrity and confidentiality
Implications to businesses
GDPR and its data protection regulations put the customer in the driver’s seat and the act of staying compliant lies on the shoulders of businesses and organizations. It applies to both EU established organizations and non-EU organizations offering good/services to citizens in the EU. It is a regulation and not a directive. It does not need national governments to pass any enabling legislation. Violations of the GDPR may be fined to an enterprise.
How does GDPR apply to non-EU nations
Most importantly, it does not only apply to organizations in the EU, but also to organizations outside of the EU who market their good and services to EU citizens. It also covers companies who act as a processor or controller of information for EU citizens. Any organization that falls under either of the categories must comply with GDPR requirements. Hence, it brings in importance and information for one and all.
Tools to enable you in being GDPR compliant
Thankfully, there are technology advancements making life easier for everyone. And providing various tools to ensure you are compliant. Here is an exhaustive list of tools which you can review and choose from.
Be wise, be compliant, and continue your business transparently!