What is General Data Protection Regulation (GDPR)?
GDPR is a long list of regulations for the handling of consumer data.
The goal of this new legislation is to help align existing data protection protocols all while increasing the levels of protection for individuals. It’s been in negotiation for over four years, but the actual regulations will come into effect starting May 25th, 2018.
All of the reforms going into effect are designed to help customers gain a greater level of control over their data, while offering more transparency throughout the data collection and use process.
These new laws will help to bring existing legislation up to par with the connected digital age we live in. Since data collection is such a normal and integral aspect of our lives both on a personal and business level it helps to set the standard for data-related laws moving forward.
Put simply, GDPR is a regulation that you’ll want to take seriously. Below we dive into what this regulation is, the demands of the legislation and how it could impact your day-to-day business.