With the world going digital today, people share all kinds of information about themselves online, for personal as well as professional purposes. The kind of data we are referring to over here maybe employee records, customer details, loyalty schemes, financial transactions among other kinds. That means, if someone has the know-how, it could be easy to misuse this data with unsavory intentions. And that is where there is a very real need to protect all of it with proper regulations in place.
The General Data Protection Regulation was created for this exact same reason and purpose.
This is a directive that was agreed up by the European Parliament and Council in April 2016. It has since replaced the Data Protection Directive 95/46/ec and was implemented in May 2018 as the primary law that controls how companies protect European Union citizens’ personal information. The GDPR is a uniform law that covers all European Union members so that there is no need for each of the member states to create separate data protection laws.
Major incidents such as the Cambridge Analytica case where over 87 million of Facebook’s user data was mishandled a few years ago are what drove the European Parliament and Council to ensure that its citizens’ personal data is well protected by revising the regulation that powered the previous directive. Companies that were already adhering to this regulation must now also ensure strict compliance with the new one that was implemented in Spring 2018. Failing which, they would face heavy penalties and fines.
The GDPR also extends to companies outside the European Union that offer their products and services to its clients. Therefore, it’s a known fact that the GDPR has global implications as well when it comes to data protection.
Kodework, an offshore web development agency, which is a part of Nordic Intent, deals with clients that are based in the European Union. Which means they too have to comply with the GDPR when dealing with their European clients.
In order to help Kodework’s employees better understand the revised regulations in the GDPR, an interactive session on data protection was held at the office a few days ago. This GDPR session was taken by the company’s Customer Success and Compliance Manager.
It’s been said that the GDPR is the most significant development in data protection and security in the last twenty years. The way the powers-that-be see it, this regulation will essentially alter the way in which every sector in the business world, from banking, healthcare, insurance to all others, handles the data that they collect. Kodework has a high focus on remaining GDPR compliant in all their projects. To understand the GDPR better, you can visit the European Commission website in the attached link.