The Internet holds most of the consumer’s data. When a consumer decided to log-in all of his information on his smartphone or laptop, several other devices, social media, banks, or the government (also known as entities) can acquire his/her private information. To both public or private entities, the consumer’s information can be exposed.
In many cases, the entities can take over the personal, private information that basically offends the lawful rights and freedom of a consumer.
The Updated EU GDPR
The European Union General Data Protection Regulation (EU GDPR) changed the Data Protection Directive 95/46/EC. It is designed for matching the data privacy laws across Europe protecting and empowering all EU citizens’ data privacy. Also, this approach to data privacy is reshaping the way organizations across the region. In this list, the key changes were introduced as great benefits are the following:
From now on, regardless of the office location, they’ll be under the jurisdiction of the GDPR as long as it concerns the residents of EU. This also has an impact on the companies situated in the US and the rest of the world as the EU effectively implements their laws on online privacy.
Consent and Permission
The consent is required to be free, given, specific, informed, and clear. In which, these conditions strengthen the consent. The consumers have the right to provide or refuse consent for specific services.
The GDPR requires data portability that provides data subjects. Hence, they’ll have the right to have the whatever information about them from any company. The document or information will be a commonly used and machine-readable format. In addition, they have the right to transfer data to another controller.
The consumers will now have the “right to be forgotten.” It gives data subject to have control over his/her own data which he/she can also delete. With this condition, the deletion requests also include the third party websites.
To promote transparency and control personal data, the older EU data protection laws provided data subjects. The new GDPR extended the rights of data subjects if the consumer’s personal data about them or not is being processed. When the consumer request for a personal copy, it’ll be given for free.
GDPR Regulates Data Privacy in Companies too
The data privacy of GDPR also enforces regulations for companies. This enforcement aims to secure the personal data of their data subjects. It respects the privacy of data subjects and decreases the things that endanger the right and freedom of data subjects. Here are some of the evaluation results:
Enforcement and liabilities
Companies that are not complying can go more than 20 million EUR or 4% of the worldwide annual turnover.
The breach disclosure requirement is part of the key requirements. In which, it requires organizations to tell it all to the public. They’ll have an obligation to inform the data protection authorities that may potentially harm the individuals. Moreover, they’re also required to teach the public on how to protect their own data.
Privacy using Security Measures
The organizations must do appropriate privacy and security measures are identified and implemented at every stage of personal data collection or processing. GDPR is strictly implementing this for organizations.
Third Party Vendors
The organizations has to carry out proper due diligence processes and contractual obligations. The third-party vendors need to agree on those conditions to ensure their compliance to identify risks that companies might exploit.