The GDPR: It’s coming – and sooner than you think
There’s no getting around it. Passed in May 2016, the European Union (EU) General Data Protection Regulation (GDPR) replaces the minimum standards of the Data Protection Directive, a 21-year-old system that allowed the 28 EU member states to set their own data privacy and security rules relating to the information of EU subjects.
Under the earlier directive, the force and power of the laws varied across the continent. Not so starting May 25, 2018. On that date, organizations will encounter new, uniform data protection requirements relating to the information of EU subjects—or potentially face hefty fines.
While Europe has long been highly concerned with privacy, in other parts of the world, it can seem that concerns are low and oversight is lax. But the GDPR makes such inattention moot for any company collecting personal data on people located in the EU or for any company doing business in the EU.
For these companies, GDPR compliance is mandatory and its reach is global. Regardless of where data is sent, processed or stored, the GDPR requires that personal information be protected. Its underlying goal is to award greater control and transparency over one’s own personal data.
Sign into the MSP Hub to download the whitepaper and watch this webinar to learn more about GDPR.