Unless you’ve been offline for the last few months, the chances are you’ve heard of something coming from the European Union (EU) called GDPR.
GDPR stands for “General Data Protection Regulation”.
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Because this is an EU law, don’t let that make you think it doesn’t apply to you – it does, regardless of where you are in the world (unless you want to prevent the 500 million people in the EU from visiting your site or buying from you).
It’s complex.
It’s full of legalese.
It’s a cash cow for high paid lawyers and compliance companies.
The fines are gigantic.
…..and you cannot ignore it.
Here is a quick overview
Europe is now covered by the world’s strongest data protection rules. The mutually agreed General Data Protection Regulation (GDPR) came into force on May 25, 2018, and was designed to modernise laws that protect the personal information of individuals.
Before GDPR started to be enforced, the previous data protection rules across Europe were first created during the 1990s and had struggled to keep pace with rapid technological changes. GDPR alters how businesses and public sector organisations can handle the information of their customers. It also boosts the rights of individuals and gives them more control over their information.
Elizabeth Denham, the UK’s information commissioner, who is in charge of data protection enforcement, says GDPR brings in big changes but has warned they don’t change everything. “The GDPR is a step change for data protection,” she says. “It’s still an evolution, not a revolution”. For businesses which were already complying with pre-GDPR rules the new should be a “step change,” Denham says.
But there has been plenty of confusion around GDPR. To help clear things up, here’s WIRED’s guide to GDPR.
What is GDPR exactly?
The GDPR is Europe’s new framework for data protection laws – it replaces the previous 1995 data protection directive. Previous UK law was based upon this directive.
The EU’s GDPR website says the legislation is designed to “harmonise” data privacy laws across Europe as well as give greater protection and rights to individuals. Within the GDPR there are large changes for the public as well as businesses and bodies that handle personal information, which we’ll explain in more detail later.
After more than four years of discussion and negotiation, GDPR was adopted by both the European Parliament and the European Council in April 2016. The underpinning regulation and directive were published at the end of that month.
After publication of GDPR in the EU Official Journal in May 2016, it will come into force on May 25, 2018. The two year preparation period has given businesses and public bodies covered by the regulation to prepare for the changes.
The above information came from a much broader article from https://www.wired.co.uk/article/what-is-gdpr-uk-eu-legislation-compliance-summary-fines-2018 by Matt Burgess.
For more detailed information please check it out
However, what is important is that while this regulation currently relates to Europe and the UK, there is already discussion around the world about strengthening some of their laws in a similar way so this is going to spread…be certain of that.
If you sell into Europe and the UK, you are liable to fall under the sway of these regulations and there are a lot of people out there trying to charge exhorbitant amounts of money to “make sure you are covered”
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