GDPR has remained a trending topic for many days. Today, in this article, we are going to tell you about the GDPR compliance. GDPR’s full form is the General Data Protection Regulation which is the European Union law.
The most important thing we are not lawyers so that it is not legal advice. We are only going to provide you some information about the GDPR compliance.
What is GDPE compliance
Although GDPR is a very long page of regulation, here we will tell you about the most important GDPR compliance, which you need to know.
So let’s start the GDPR compliance checklist … ..
What is GDPR Compliance
The General Data Protection Regulation (GDPR) is a European Union (EU) law that applies to all website owners and bloggers on May 25, 2018. Under the GDPR, EU citizens can gain control over their personal data and keep them safe.
If after 25 May, 2018, those online businesses do not comply with the GDPR compliance, they will have to pay € 20 million or 4% of the company’s annual global revenue. For this reason, it has become a very popular topic among businesses around the world.
The main purpose of GDPR is to protect users’ personal data information and include personal data – name, email, physical address, IP address, health information, income, etc.
There are 28 member states in the European Union and under the GDPR compliance, the companies can keep the data of the European Union user for 6 years, after which it has to be deleted.
What are the advantages of GDPR
- Your cyber security will increase.
- Improve your data management.
- This can help you build a more trustworthy relationship with your customers and public.
- Under GDPR, business will have to apply an opt-in policy and citizens will have to agree to process their personal data.
Which companies will have the impact of GDPR compliance
GDPR will fall on every small and big company. GDPR compliance will affect most companies that collect data from users and process them. Apart from this, the multinational companies in India who are working closely with European companies can have a bearing on them.
We hope you understand what is GDPR. If this article has proved to be helpful to you, then do not forget to share it.