The General Data Protection Regulation (GDPR) is a comprehensive data protection and privacy regulation that went into effect on May 25, 2018, in the European Union (EU) and the European Economic Area (EEA). It was designed to harmonize data protection laws across EU member states and give individuals greater control over their personal data. Here's a detailed overview of GDPR compliance:
GDPR applies to organizations that process personal data of individuals located within the EU/EEA, regardless of the organization's location. This includes businesses, non-profits, and government entities that collect, store, or process personal data of EU/EEA residents.
GDPR is built on several fundamental principles that organizations must adhere to when processing personal data:
GDPR grants individuals various rights over their personal data, including:
Our organizations have a valid lawful basis for processing personal data. Lawful bases include consent, contract performance, legal obligations, vital interests, public task, and legitimate interests.
Our organization relies on consent as the lawful basis for processing, consent must be freely given, specific, informed, and unambiguous. Consent can be withdrawn at any time.
Our organizations have appointed a Data Protection Officer (DPO) to oversee GDPR compliance and act as a point of contact for data protection authorities and individuals.
We are obligated to report certain types of data breaches to the relevant supervisory authority within 72 hours of becoming aware of the breach. Individuals must also be informed if the breach is likely to result in high risks to their rights and freedoms.
Transferring personal data outside the EU/EEA is subject to restrictions to ensure adequate protection. Organizations can use mechanisms such as Standard Contractual Clauses (SCCs), Binding Corporate Rules (BCRs), or rely on adequacy decisions by the European Commission for certain countries.
We demonstrate their compliance with GDPR by implementing appropriate measures and keeping records of their data processing activities.
Non-compliance with GDPR can result in significant fines, which can be up to 4% of an organization's global annual revenue or €20 million (whichever is higher). Supervisory authorities in each EU member state are responsible for enforcement.
It's important to note that GDPR compliance is an ongoing process that requires a thorough understanding of the regulation, ongoing monitoring of data processing activities, and regular updates to policies and procedures to ensure compliance.