In an industry steaming of buzzwords, GDPR ticks every box. Acronym? Check. Experts galore? Check. Filling marketing banner at trade shows? Definitely check. Behind the noise, hype, and misunderstanding is a substantial piece of legislation that will change how organizations operating in Europe approach data protection.
Set to come into full effect on May 25, 2018, GDPR marks a significant update on the existing 1995 EU directive (95/46/c). It also harmonizes data protection across 28 EU member states, replacing the need for national legislation. The headlines are naturally around data breach fines of up to €20 million (or 4 percent of gross annual turnover), as well as mandatory security notifications, new rules around user consent, a clearer definition around what could be personal data (such as IP addresses, for example), and greater rights for people to access — or request deletion of — the information companies hold on them.
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