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What is GDPR? The Basics of the EU’s General Data Protection Regulation

– Termly

  • Explainer
  • Posted by Good ID team (Good ID)
  • Via Simon Fogg (Termly)
  • 28 February 2020

In this guide, Fogg sets out the legal requirements of the EU’s GDPR, outlining how businesses should properly handle data and exploring the regulation’s effects on user’s privacy

Data under the GDPR includes any information shared online that could be used to identify someone.  As well as imposing requirements on businesses, the law gives people new rights around how their data is used, helping to protect their privacy.

“Complying with this European regulation on data protection means ensuring data is collected legally, informing users of how it is treated, and keeping data secure (i.e., protected from breaches).”

Fogg ends by looking at how companies in the US are affected by the EU’s GDPR, and other privacy laws worldwide that are coming into play.

After years of data privacy scandals, it’s evident that customers are demanding more thorough protection of their personal information.

In fact, data may now be the world’s most important resource. Cyber law experts say it’s a commodity more valuable than oil.

With the GDPR leading the charge to regulate the flow of data, the future of privacy will be shaped by those who make data protection a priority today

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