What is GDPR: A Simplified Explanation

What is GDPR: A Simplified Explanation

GDPR has become one of the most searched keywords on the Internet.

What is GDPR?

The Full form of GDPR is General Data Protection regulation.GDPR is a Data protection law, to protect the data of citizens within the European Union.GDPR will be effective from 25th May 2018.GDPR empowers the citizens and the consumers through this law. The Businesses will be levied heavy fines if they don’t comply with the guidelines set by GDPR. If the Companies don’t comply then the fines will be like up to 4% of Global turnover or 20 Million Euros whichever is greater.

What Does it mean for the consumers?

It actually empowers the consumers because from now on the companies need to take a clear consent from users before taking and processing their data. There would be a greater transparency on how and where your data is going to be used by the companies. The companies also have to make their privacy policy transparent according to GDPR, that’s why you might be getting so many emails regarding the revision of Privacy policies from the companies.

Why is everyone considering GDPR so seriously?

It is because of the fines involved in the Non-Compliance of GDPR guidelines is gigantic. As I mentioned earlier the companies have to pay up to 4% of their total Global Turnover or 20 Million Euros whichever is greater. This fine is applicable to very serious breaches of GDPR guidelines. For less serious breaches the fine may be levied up to 2% of Global turnover or 10 Million Euros.

Will GDPR make any difference?

Of course, it will and it is. Many Technology and Digital Marketing firms have already started to follow the GDPR guidelines and sending emails of the revised privacy policy by making the data practices more transparent. The Big giants like Facebook and Twitter are rolling their updates on privacy policies and also making various changes for users to add or remove their personal data.

What powers is GDPR giving to the users?

  1. The Right to Access – The individuals have the right to ask the companies as How their data is being used after they have gathered it? The Companies must provide the report on this request.
  2. The Right to ask to delete the data -If the individuals are no longer the customers of that company or they want to withdraw their personal data from the company then they can do it. They have the right to ask the company to delete all of their personal data provided to them.
  3. Data Portability– The consumers have the right to data portability from one service provider to the other.
  4. The Right to be informed – The users have to be informed and consent has to be taken before gathering their personal data rather than implying on them.
  5. Data shouldn’t be used for processing– The users have the right to request the companies not to use their data for processing but it can be stored in their database.

What is the impact of GDPR on other countries?

Are GDPR guidelines applicable to countries outside Europe?

The answer is yes. GDPR covers all the firms and countries which are dealing with EU Business, Residents/Citizens data, must have to comply with GDPR guidelines.

“Even if a company does not have a European presence, it will still have to understand the impact of GDPR if it processes an EU resident’s personal data in connection with goods and services offered to that person”, says Saurabh Ghelani, data protection and GDPR expert at PA Consulting Group.

“Another factor that could influence whether a company must be compliant with GDPR is if it ‘monitors the behavior’ of individuals within the EU”, says Ghelani.

So the companies should start updating the data practices as soon as possible who are dealing with EU Business and citizens to have a smooth functioning of the business.

 

 

 

 

31 thoughts on “What is GDPR: A Simplified Explanation

  • May 27, 2018 at 8:45 am
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    Perfect post at perfect time. I really wanted to get some insight about what GDPR is and you have provided it.

    Reply
  • May 27, 2018 at 3:57 pm
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    such a great info about GDPR. I don’t know about it anything but you totally clear my doubt ( beginning to end ). Thanks for sharing a gratified knowledge with me and whole people.

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  • May 29, 2018 at 4:13 pm
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    THank you for this. I need this in my life right now! urgh GDPR!

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  • May 29, 2018 at 5:47 pm
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    Hmm do companies in America not already follow these guidelines??? I would assume this is happening everywhere. Seems like they are getting on board with consumer privacy rights way late in the game of technology…

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  • May 29, 2018 at 6:27 pm
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    Simple explanation which highlights the salient points. I am not very happy with the idea of bothering small blogs. But I suppose if it has to be done, then so be it.
    I’ve made my blog’s privacy policy and helped quite a few people too.

    Reply
  • May 30, 2018 at 12:08 am
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    I had been seeing a lot about this on Twitter the other day, so this really clears things up! Thanks!

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    • May 30, 2018 at 2:30 pm
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      Good to hear that this post cleared your doubts 🙂

      Reply
  • May 30, 2018 at 8:25 am
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    Thanks for sharing this. Actually I’m so confused with GDPR and I don’t what to change in my website. Thanks for simplifying the rules.

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    • May 30, 2018 at 2:32 pm
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      It’s good to hear that it was useful Mane. thanks for your feedback 🙂

      Reply
  • May 30, 2018 at 2:21 pm
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    Although I am living in the Philippines which I’m not sure how GDPR influences here I still follows and updated my privacy policy. Thank you for sharing this knowledge.

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  • May 30, 2018 at 10:32 pm
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    Well detailed post. True, it became the most searched thing on internet because people posting so many posts about it.

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  • May 31, 2018 at 3:58 pm
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    Thank you for the very clear explanation. I’ve been getting tons of emails from every company explaining their new privacy policies.

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  • May 31, 2018 at 11:03 pm
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    Such a relevant topic right now! Thanks for de-mystifying it for the rest of us!

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  • June 3, 2018 at 6:57 pm
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    I really would have used this before all this came out. I was so confused when i learned my blog had to comply to these regulations.

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  • June 4, 2018 at 8:21 am
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    Thanks for this heads-up. Yeah, recently many sites are so busy with this. We’ll see the possible effects of this new law.

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  • June 4, 2018 at 12:16 pm
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    An excellent, informative and useful post. I did not know what the GDPR was, your article has described and explained in detail, thanks.

    Reply
  • June 6, 2018 at 3:15 pm
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    Very informative never heard of GDPR !!

    Reply

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