Briefly about GDPR
- Allows for massive penalties for data breach
- The “privacy by design” principle = all current workflows and processes will need to be rebuilt
- The need to appoint data protection officers in all companies
- The “right to be forgotten” principle. Respect for requests to erase or delete data permanently
- Data should be stored via open file formats
- Companies will need to get clear consent from individuals for their data to be collected, and explain the purpose
In brief, the GDPR creates new obligations for those who process data as well as many new rights for ordinary users. Note: the GDPR has implications for all organizations no matter their size. In other words, the GDPR applies to ALL companies, even if they do not initially work in the EU and/or with European customers. Which is why companies of all sizes must begin planning now in order to put all necessary processes in place.
Why GDPR is important?
Nearly every organization is processing some amount of personal data on a regular basis. In order to apply the new EU data protection principles, both the EU and non-EU residents will have to reconsider their data management methods to avoid bad publicity, massive new fines, and thereby stay compliant. Note: in addition to the implementation of the GDPR principles in the company, you will need to create a static page for users containing the company’s GDPR rules. If a company demonstrates to its partners and clients to be data protection and privacy responsible and aware, they are more likely to have a long-lasting relationship with them. At Loonar Studios, we are aware of the importance of the GDPR and which is why we take it very seriously. For us, it is crucial to protect the personal information and privacy of our partners, employees and customers. GDPR compliance is a must for our reputational image as well as business practice.That is why we have already implemented the GDPR principles into our company. What about you?