GDPR-Explained | Learn to secure your private data in the cyber world
Then, This is the right place to know about this mail and at the end of this article, you can understand whether you really need to care about this or simply ignore it.
General Data Protection Regulation(GDPR) is 88 pages and 50,000 words long new Europian framework.
It was developed to protect data of all the organizations in European, residents, individuals across Europe and companies related to Europe from May 2018.
GDPR is a statement of fundamental rights about the processing personal data usage in the cyber world.
Regardless of where you are, like if you are in the US, Canada, Germany, Japan or India- GDPR applies to everyone who offers products or services to consumers in Europe.
So if your e-commerce shop is available in Europe, you have to comply with GDPR
5 Things You Must Know about GDPR
1. More concentration on data privacy
GDPR tries to provide rigid data collection restriction for EU citizens.
Also, more control over what data companies in order to collect, store, and use customers personal data.
2. Mostly related to your business
If you want to sell a dress to a French person?
So You must have complied with the GDPR. because it applies to every citizen of Europe and any business firm that transacts with them.
3. Regulated data usage
Any personal data can be used directly, or indirectly, to identify them is now properly regulated.
4. Permission required to process personal data
Any Business firm who really want to access their customer's data, they should state all the privacy statements. also, get the permission to access any customers personal data in the proper language.
5. Defaulters need to pay Penalties
If any company violates the regulation, it can be viewed seriously and fined up to 4% of the company's global turnover or 20 million Euros, whichever is greater.
eventually, either you are inside or outside Europe, but if you are a business person having customers in Europe you should care about GDPR. and non-Europeans who don't have any touch with Europe, you no need to care about the GDPR.
It is really good, I hope all other countries should take this as an initiative and implement this kind of data protection act to preserve customers sensitive data.
For more information visit : https://www.eugdpr.org/