What is the General Data Protection Regulation (GDPR) Compliance: Do you know about GDPR? If not, in this article today we are going to tell you about GDPR Compliance. The full form of GDPR is General Data Protection Regulation which is the European Union law. This is not legal advice.
What is the General Data Protection Regulation (GDPR) Compliance
We are just going to provide you some information about GDPR compliance. Although GDPR regulation has a long page, here we will tell you about the most important GDPR compliance that you need to know.
What is GDPR Compliance
General Data Protection Regulation (GDPR) is a European Union (EU) law that has come into force from May 25, 2018, for all website owners and bloggers. Under GDPR, EU citizens can get control over their personal data and keep them safe.
After May 25, 2018, those online businesses that do not comply with GDPR compliance have to pay € 20 million or 4% of the company’s annual global revenue fine. This is why it has become a very popular topic among businesses around the world.
The main objective of GDPR is to protect users’ personal data information. Personal data includes – name, emails, physical address, IP address, health information, income, etc.
The European Union consists of 28 member states, and companies under GDPR compliance can retain European Union user data for up to 6 years after which it has to be deleted.
Benefits of GDPR
This can help you build a more trusting relationship with your customers and the public.
Your data management will improve.
Under GDPR, businesses must implement an opt-in policy and citizens must consent to process their personal data.
Your cybersecurity will increase.
Companies will be Affected by GDPR Compliance?
GDPR will affect every small and big company. GDPR compliance will most affect companies that collect and process users’ data. Apart from this, the multinational companies of India working together with European companies can have an impact on them.
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