Concept Of EU General Data Protection Regulation
The GDPR is a regulation which aims to strengthen and unify the data protection for all individuals within the European Union and this is done by the European Parliament, the council of European Union and European Commission. It addresses the export of personal data outside the EU. Data helps the businesses to differentiate amongst others and thus represents a competitive edge. The way enterprises use consumer data for marketing, as current regulations do not offer any control to them was a challenge. Thus, GDPR was born with more strict and narrow conformity challenges, with fines of up to four per cent of a company’s annual global revenue.Concept Of EU General Data Protection Regulation
It applies if an organization that collects data from EU residents i.e. data controller or an organization that processes data on behalf of data controller i.e. processor e.g. cloud service providers or the data subject i.e. the person is based in the EU. If the organizations are based outside the European Union and if they collect or process personal data of EU residents, the regulation will be applied.
According to the European Commission “personal data is any information relating to an individual, whether it relates to his or her private, professional or public life. It can be anything from a name, a home address, a photo, an email address, bank details, posts on social networking websites, medical information, or a computer’s IP address.
The regulation does not claim to apply to the processing of personal data for national security activities or law enforcement within the European Union. Article 48 states that any judgment of a court or tribunal and any decision of an administrative authority of a third country requiring a controller or processor to transfer or disclose personal data may only be recognized or enforceable in any manner if based on an international agreement.Concept Of EU General Data Protection Regulation
GDPR (General Data Protection Regulation) aims to give control back to citizen and resident over their personal data and to simplify the regulatory environment for international business by unifying the likeness with the EU. Within the GDPR there are large changes for the public as well as businesses and bodies that handle personal information.
This regulation was adopted by a European Parliament on 27th April, 2016. GDPR specifies how consumer data should be used and protected. It applies to everyone involved in processing data about individuals in order to sell goods and services to the citizen in the EU, regardless of whether the organization is located within the EU.Concept Of EU General Data Protection Regulation