The General Data Protection Regulation is an important piece of European legislation that affects businesses worldwide. It’s one of the reasons why so many organisations are getting data security services. It is of the utmost importance to be aware of it, its key obligations, and the consequences of non-compliance. Let’s start with defining the GDPR.
General Data Protection Regulation
The GDPR is a regulation, meaning that it is an order to be executed. When it was enacted, it became national legislation in each EU member state instantly. EU member states can make exemptions from the GDPR (for example, if complying with the GDPR would breach national security). Furthermore, each EU member state is required to pass national legislation to accompany the GDPR. This is because of two things. First, the GDPR needs to fit in with local laws. Second, if you want to choose from the exemptions permitted by the GDPR, you need to have national legislation.
Because of the national legislation passed alongside the GDPR, you will need to know the GDPR and the local laws of whatever EU member state you’re based in.
Key Obligations of the GDPR
There are certain things you must do in order to comply with the GDPR. We have listed some below, but this is not a comprehensive list and it is always best to get professional advice.
Consequences of Non-Compliance
There are many consequences of non-compliance; here are a few of them.
If you’re having a hard time understanding all of this, don’t worry. You can always work with a data privacy consultancy to check if you fulfil all the obligations of the GDPR. There are benefits to being an industry leader and ensuring that you value data privacy. The most important benefit is that you gain a lot of consumers’ trust. So, it is well worth the investment.
In need of data privacy consulting services? Get in touch with our team and discuss your individual needs.