The GDPR has an over-arching mandate to safeguard the privacy of consumers and ensure that their data is handled in a way that is compliant to their preference.
The organization is currently overhauling its rules. And companies that fall under its jurisdiction are rushing to ensure compliance. Because the GDPR is a European entity some people may feel its mandate falls beyond their scope of concern. In reality though, [social_quote duplicate=”yes” align=”default”]many companies based in the U.S. have European counterparts and do need to ensure compliance as well.[/social_quote] Some companies are going so far as to simply make the changes required for European compliance standard for all of their users North American, or otherwise.
Key Points:
- What is GDPR?
- What happens if companies don't follow the rules?
- I don't live in Europe, why should I care?
Key Takeaways:
- GDPR is a newly established set of regulations designed to set parameters on how consumer's personal data is used.
- It covers aspects such as who can see data, data portability, and in some cases whether data can be erased.
- Even U.S. companies are likely to be affected, as many corporations have European customers.
“If you've been anywhere near the internet in the last few weeks, then you've probably noticed that just about every company you've ever interacted with has been busy sending out a flood of emails notifying you about changes to their privacy policies.”
Read more: https://mashable.com/2018/05/25/what-is-gdpr/?utm_cid=Mash-Prod-RSS-Feedburner-All-Partial
