The General Data Protection Regulation or GDPR, will enlighten you with how your sensitive and personal information is handled and processed by business which you might give.
GDPR will bring up the new digital era to speed up the traditional and outdated data protection laws of European Union, as traditional data protection laws were incapable to cope up with the new technological changes.
GDPR can be termed as the vital advancement to be implemented on May 25, 2018 to ensure the protection data.
GDPR is the new framework data protection laws introduced by Europe, which replaces the previous data protection laws of 1995. After around discussion and negotiation of four and more years, the GDPR is being accepted by both European Council and Parliament, and on May 25, 2018 this privacy law will be rolled out.
Perk of GDPR
GDPR allows EU citizens to know about how their personal data that companies hold about them is utilized, processed and shared.
GDPR has given ultimate power to data protection authorities to impose administrative fines if the GDPR is not followed. Point to be noted is that the fine might go up to 20 million Euros if any company or business is not in compliance with GDPR.
The companies complying with GDPR will be liable of handling their client’s data and personal information.