Uploaded on Aug 6, 2021
General data protection regulation (GDPR) ensures that businesses protect the European Union (EU) citizens’ data for any transaction in the EU member states. The organizations doing business in Europe must adhere to this set of regulations. If organizations fail to comply with the regulations, they have to pay a considerable fine resulting in legal proceedings and reputational damage.
An Overall vision of General Data Protection Regulation (GDPR)
An Overall vision of General Data
Protection Regulation (GDPR)
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An Overall vision of General Data Protection Regulation (GDPR)
General data protection regulation (GDPR) ensures that businesses protect the European
Union (EU) citizens’ data for any transaction in the EU member states. The organizations
doing business in Europe must adhere to this set of regulations. If organizations fail to
comply with the regulations, they have to pay a considerable fine resulting in legal
proceedings and reputational damage.
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In this article, we are discussing what you need to know about the GDPR
to stay compliant.
What is GDPR?
GDPR stands for general data protection regulation. It is a set of regulations
adopted by the European Union parliament in 2016, that bounds the organization
to protect the personal data and privacy of citizens of the European Union. GDPR
regulates the transportation of personal data within and outside of the European
union member countries. General data protection regulation (GDPR) ensures that
organizations adhere to the regulation’s guidelines, keeping customers’ privacy as
their topmost priority. If any organization fails to stay compliant with the GDPR, it
has to pay a considerable fine. The organization also loses the reputational value
and trust of the customers.
GDPR defines six core principles that lie at the heart of GDPR. Organizations are
obliged to follow these principles while collecting, processing, and transmitting
the customers’ data.
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1.Lawfulness, fairness, and transparency
The first principle of GDPR states that organizations should always adhere
to the laws. Organizations must mention in their privacy policy what data
they are collecting and for what purpose.
Purpose limitation data should be collected for specific purposes.
Organizations need to mention the objectives behind collecting data and
delete it once the target is achieved.
Data minimization
Organizations need not collect unnecessary and irrelevant data. They are
allowed to collect, process, or hold the minimum amount of data required
to fulfill their purposes.
Accuracy
Organizations must take necessary steps to ensure that personal
information is accurate and not misleading. Any misleading or incorrect
information should be erased as soon as discovered.
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Storage limitation
Organizations need not store personal data for a more
extended period. Data should be reviewed frequently and
erased if it is not required anymore.
Integrity and confidentiality
The integrity and confidentiality principle ensures that
organizations take adequate measures to protect consumers’
data and privacy. This principle is also known as the security
principle.
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Why is GDPR important?
Europe was already aware of the importance of data privacy long
before the emergence of the internet. Therefore it implemented the
Data Protection Directive in the year 1995. GDPR was enforced on
25th May 2018 by replacing the outdated Data Protection Directive.
Recent years have witnessed some high profile data breach
incidents. GDPR came into existence due to rising privacy concerns.
A majority of consumers used to fear the loss of their financial data
and security information. The GDPR protects the rights of the
European Union citizens and enables them to keep track of what
data is an organization storing? For what purpose? And who can
access their data?
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Data Security and privacy protection play a vital role in the
success of an organization. Information security deals with
protecting sensitive information from unauthorized access.
Therefore, organizations should employ security measures and
controls to manage and mitigate the risks associated with data
breaches and comply with requirements of GDPR. In case
organizations fail to comply with the GDPR, organizations have
to face heavy penalties that can reach up to 2% of an
organization’s annual turnover. In the case of more severe
violations, the penalties can cost 4% of an organization’s yearly
revenue.
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What type of personal data GDPR protects?
Any form of data that can be used to identify an individual or natural
person is called personal data. Personal data protected by GDPR
include:
•The basic information about a natural person (such as his name, ID
numbers, and residential address)
•web data (IP address, location, cookie data, IoT related identifiers)
•Genetic data and Health data (such as past and current medical
history)
•biometric data (fingerprints, facial recognition), racial or ethnic data,
data related to political opinions, or Sexual orientation
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Does the GDPR affect the organizations working outside the EU?
The GDPR protects the privacy and personal data of the citizens of the EU. Any
organization handling EU citizens’ data, irrespective of whether it is located within
EU member states or outside, has to abide by GDRP regulations. GDRP applies to
the companies located in the EU, even if their data is being stored or processed
outside of the EU.
The GDPR applies to the organizations outside of the EU in the following
situations:
1.The internet has facilitated the organizations to deliver their services to distant
places, all across the globe. In case the organization is located outside of the
European Union but offers goods and services to the EU citizens, then the
organization is subjected to the GDPR.
2.If an organization monitor the online behavior of Eu citizens, for example, if it
uses tools to track cookies and IP address of the user who visited its website, then
the organization falls under the scope of GDPR.
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The impact of GDPR on businesses?
The GDPR has assigned more power to the consumers. It has changed many things
for organizations affecting third-party vendors, marketing activities, and the sales
team’s functions. GDPR has a beneficial impact on risk management, governance,
data security, and system security.
The EU’s regulation has influenced the businesses in the following
ways:
•The enforcement of GDPR has impacted on the data privacy and security
standards. It has motivated organizations to improve and establish the best
security measures to mitigate the risks of potential data breaches.
•GDPR as resulted in the standardization of the data protection. Once an
organization is compliant with GDPR, it can carry out its operation in any EU
member state. The organization does not need to deal with data protection
legislation for each state separately.
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•A data breach incident can cause an organization huge reputational
damage and loss of trust of customers. Organizations are committed to
secure customers’ privacy to stay compliant with GDPR, which further
helps the organizations earn customers’ trust and maintain a better
customer relationship.
According to a survey conducted by the Department for Digital Culture,
Media & Sport (DCMS) in the UK, GDPR has a major influence on Financial
services, Arts and entertainment, retail business, Education sector, Health
sector, public administration, and defense sector.
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Final words
Enforcement of the EU’s General Data Protection Regulation (GDPR) has put the
consumers at the driver’s seat. Organizations have to inform consumers about
their rights. The GDPR has encouraged organizations to change their existing
policies and protocols and strengthen their data security measures to prevent any
possible data breach incident. It has also inspired other countries and regions
worldwide to introduce or make adequate reforms in their data protection laws.
Train with Infosec Train
Infosec train is offering PECB certified GDPR foundation training course that
allows participants to comprehend the data privacy laws and get familiar with the
role of a Data Protection Officer (DPO). The certified GDPR training program aims
at providing the necessary skillset to the candidates to enforce the data protection
framework decisively, facilitate data access & storage, and mitigate the data
breach incidents.
www.infosectrain.com | [email protected]
About InfosecTrain
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Security and Technology Training and
Consulting company
• Wide range of professional training programs,
certifications & consulting services in the IT
and Cyber Security domain
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or customized training programs curated with
professionals of over 15 years of combined
experience in the domain
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