What GDPR Means for Business

 

The introduction of the General Data Protection Regulation (GDPR) forced many businesses to change their operations in order to meet the necessary compliance requirements. With the advancement in technology, the world has become a global village implying that your business is no longer a domestic affair. You should comply to various operational legislations such as the European Union’s (EU) new data privacy law. But, what is GDPR and what does it mean for your business? Read on to learn more.

What Is GDPR?

GDPR is the abbreviation for General Data Protection Regulation, a privacy law that was passed in the EU. The law focuses on the rights and privacy of EU citizens. It was introduced to bring harmony to the existing data privacy laws in the region and change how businesses view the concept of data privacy.


What GDPR Means for Your Business

The GDPR law targets how businesses process and handle citizen’s data. Whether your business is in the USA or in the UK, you have to comply with this law. Ideally, the law is applicable to any business that handles personal data of EU citizens.

One of the requirements of GDPR for business is on the data subjects’ rights and freedom. Your business should seek the consent of an individual user when collecting certain personal data. Similarly, your business should grant the user the freedom to access their data as well as honour their request to have the data deleted.

To comply with these requirements, your team should undergo the right GDPR training to ensure the right systems and processes are in place. For instance, your website should have a consent form and more information on how you will use their data.

Here are a few tips to guide you toward GDPR compliance:


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1. Embrace Expanded Disclosure

Your business should clearly describe the specific data it will collect from the users, how you intend to use it, as well as how the data will be processed and stored. This disclosure should also capture any third party users of the data and any specific measures adopted to guarantee safe storage and processing of the data.

2. Allow Users Full Control

In the past, before the introduction of data privacy laws, users had no control over what data was collected or even how it was used. With the passage of the GDPR, your business should allow the users full control over the activities around the collected data. For example, according to the provisions of this law, your business should allow the users a copy of the data you collect upon request.

Users have the right and freedom to request the deletion of their data any time, or even ask for a few changes in case they feel that some information is incorrect. Also, your collection, processing, storage, and use of users’ data is subject to their consent. Therefore, before collecting or sharing such data with other parties, it is advisable you seek the users’ consent.

3. Downstream Compliance

Compliance with GDPR extends to all third-party service providers and companies. In case you share data to a company that is not GDPR compliant, your business is liable for any legal obligations that can come with such an action. Therefore, make sure that all the third-party companies that you deal with are compliant. Start by checking their cookies to find out whether they follow the recommended protocols of data collection and use.

The failure to comply with the GDPR law can have adverse impacts on your business. For instance, you risk lawsuit and hefty fines. However, you can avoid such unnecessary consequences if you undergo the right GDPR training that will show you what GDPR compliance means. Enrol your front line data handlers into a free trial of Introducing GDPR Course to give them a clear understanding of the GDPR law and how it applies to your business.

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