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European Commission had proposed GDPR (General Data Protection Regulation) to strengthen and unify data protection for individuals within the European Union (EU) while addressing the export of personal data outside the EU. Every member state of the European Union has to implement GDPR requirements because their aim is to create more consistent protection of consumer and personal data across EU nations.
There are some important factors related to privacy and data protection which are required in GDPR
To put it in simple words, EU Citizens’ data will have protected processing and also it will secure the movements of citizens’ personal data as the GDPR mandates a baseline set of standards for companies.
WHO IS SUBJECT TO GDPR COMPLIANCE?
GDPR compliance is to impose a uniform data security law on all EU members, so that each member state no longer needs to write its own data protection laws which should be are consistent across the entire EU.
Along with EU members if any company that markets goods or services to EU residents, regardless of its location is subject to the regulation. Therefore, GDPR will have an impact on data protection requirements globally.
What types of privacy data does the GDPR protect?
When do companies need to be in compliance?
By May 25, 2018 Companies must be able to show compliance.
What does the GDPR mean for my website?
We’ve developed a Magento extension which will help you with GDPR.