Back in 2012, the European Commission created plan to help make the continent “fit for the digital age.” While it has taken them a few years to construct such a plan, the main result is the General Data Protection Regulation (GDPR). This framework affects anyone with implications for businesses and individuals across the entirety of Europe.
GDPR is a set of rules that essentially gives people more control over their own data. Since such a large portion of all our lives revolves around the spread of data, it’s no surprise that Europe is bringing their laws up to speed in this technological age.
“The digital future of Europe can only be built on trust. With solid common standards for data protection, people can be sure they are in control of their personal information,” said Andrus Ansip, vice-president for the Digital Single Market.
A large portion of GDPR compliance falls on organizations, who are required to obtain information under strict conditions and are then obligated to protect it from misuse. Companies will face more legal liability should they be responsible for a breach. This applies not only to any organization operating within the European Union, but as well as to any business that offers goods or services to people within this territory, meaning that nearly every major corporation is affected.
The types of information protected under this ordinance includes everything from names and IP addresses to genetic data and photos. With guaranteed data protection available from the earliest stages of development, there will be a sense of innovative “data protection by design” forthcoming. Aside from this data development, GDPR also gives consumers the right to know when their data has been hacked, as well as information on how their data will be used once it is collected. Essentially, organizations will need to keep consumer rights in mind once this legislation goes into effect.
GDPR is expected to have been transferred into individual national law by May 6th, 2018, and the legislation will go into effect across the EU starting May 25th, 2018. You don’t need to wait for GDPR to take effect to ensure that your information is secured, though. With a password manager such as FORTR3SS, you can rest assured that your information is protected across the globe. Download our app today to learn more!