With the improvement in technology, Individuals are often required to give out sensitive information to service providers. This is usually for ease in the availability of these services. The general data protection regulation
These laws ensure that these individuals’ personal information is protected by companies. It
WHAT IS GDPR ABOUT AND HOW DOES IT AFFECT YOU?
The general data protection regulation has given individuals more power over the use of their data. The power to give consent to companies over the use of their data. And also, the power to delete personal information from any site without the consent of the companies. The laws are already in application in the operations of various Companies especially technological companies, banks, and Insurance Companies. These companies access lots of personal information during transactions, thus ensuring the protection of EU citizens’ data. For this new law to take full force, individuals also need to comply with the union. Accepting the GDPR email will go along way to help. These are used to ensure that these individuals’ personal identifiable information are kept private by these companies.
The General Data Protection Regulation is about:
- Protection of privacy of EU citizens’ data: it sets standards for all countries under the European Union in data protection law. Thus, creating a unified data protection law for all 28 countries in EU.
- GDPR does not only affect service providers under the European Union: it also companies who process and handle the data of citizens of EU. It affects service providers of any kind especially insurance companies, banks and tech firms who handle quite a large amount of data.
- GDPR hands over power of personal data control to the service users: The idea is to checkmate the misuse of personal identifiable data by these companies. Therefore the service users reserve the right to delete personal information from any site and are notified if there is any breach in processing or handling their personal data.
- Heavy penalties accompany these laws to ensure that these companies are compliant.
Sanctions on Violations of the General Data Protection Regulation
The GDPR affects service providers especially technological firms who come in contact with large amounts of data in their daily operation, how does European Union ensure that these companies corporate with the GDPR? The GDPR has increased its sanctions on violation of these laws and has more authority to enforce compliance on the companies than the previous data protection directive of 1995.
It has stipulated laws for all companies handling data of EU’s citizens no matter their geographic location.
The SAs work under the GDPR as law enforcers, the penalties are heavy and difficult to handle. Companies who breach the laws will pay fines, with the maximum fine reaching 4% of the company’s global turnover. The companies are also required to have data protection officers who build data protection programs as required by the GDPR. Power over personal data belongs to the service users. GDPR ensures that your personal information can stay personal, be aware of your rights over it.