The European Union’s General Data Protection Regulation stipulates requirements for data privacy that are some of the most advanced in the world and have provided a blue print utilized in privacy protections drafted worldwide.
Why is it such a big deal?
- It triggers data protection audits
- Assigns fines up to €10 million or 2% of the annual worldwide
proceedings (whichever is higher) – lesser offense
- Assigns fines up to €20 million or 4% of the
annual worldwide proceedings (whichever is higher) – major offense
It is a regulation about data protection and privacy in the European Union and the European Economic Area
A breach of security leading to the accidental or unlawful destruction, loss, alteration, access, unauthorized disclosure of personal data
• Data Subject Rights
• Consent
• Data Protection Officer
• Processor and Controller
•
Data Tranfers
• Privacy By Design
• Data Breach Response
• Awareness and Training
•
Data Protection Impact Assessment
The regulation applies to all entities that process data about people living in the European Union
A freely given, specific, informed and unambiguous indication that the data subject agrees to the processing of its personal information
• Right of Access
• Right to Rectification
• Right to Erasure
• Right to Restrict
Processing
• Right to Data Portability
• Right to Object
• Right to not be subject to a
decision
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