While technology is proving to be beneficial in all the residential, business, economic, and political sectors, it has own sets of disadvantages as well which mainly include internet or online scamming. This can be later divided into some other major issues such as data breaching that is a noticeable one, especially in the business and political sectors. GDPR stands for General Data Protection Regulation, It’s a law enforced by the governments of all states in the European Union to secure the private and commercial data collected for numerous purposes.
The online data that has small to big details of the member of the EU and the citizens of all the states were frequently being breached and misused for a lot of the reasons. This is when the law authorities were forced to take a action for the security of the data available on the local and international websites. The data that included name, address, credit card, and other important and confidential information, in the form of the documents, of EU members and their private affairs needed this law to be implied in order to protect the personal as well as public information that is meant to be exposed to a specific group of people.
The GDPR law is basically the improvisation and improvement of the Data Protection Act 1998 that was previously implemented in the UK for the protection of data related to the local citizens, residents, and higher business and political authorities. However, during the last few years, this law became useless when a lot of the cases of online scamming and data breaching were reported in the EU which led to the major decision-making of the changes to the law.
The GDPR law has been made by the data protection authorities with some major and effective changes that are supremely useful and beneficial for the privacy of the EU members and the local citizens.
The request for the GDPR law was given two years back when the data protection authorities put forward their concerns for the private data being misused for all the wrong reasons. However, changes are not that easy to be made in the political divisions and therefore, it took a whole 2 years of time for this law to be implemented and finally applied from May 25th 2018.
The GDPR law has been made with extreme caution with the intention of making it rightful and practical for everyone including the EU members who now feel secured to have their data remain confidential for the sake of ultimate privacy. While each member of the EU was genuinely concerned for the data protection law and GDPR, most of them had already been rooting for it ever since the idea came into being. This is why, unlike the other political and business laws, the GDPR law didn’t take a lot of the time to be exercised in the EU.
The GDPR law changes are basically for the EU, its members, citizens, and residents who are would be thoroughly following it under any circumstances, especially the small business organizations that did not feel the need to fulfill the complete rules and regulations due to lack of resources and proper knowledge of the local rules and regulations. This is the main reason why one of the components of the GDPR law especially focuses on the small businesses for the rule to be made mandatory for the supreme protection of the online, private, and confidential data.
Here is a list of some of the changes made in the new GDPR law for the EU that were implemented on the 25th May 2018.
Earlier, the Data Protection 1998 was a bit flexible in term of allowing the small companies or organization to surpass the law and not follow the complete procedure of data protection. This was done in consideration with the fact that smaller groups were either unaware of short of financial resources to apply the Data Protection law. Therefore, after the implementation of GDPR law, everyone from small or big business and political ventures would be strictly following the rule that does not allow data breaching or online scamming.
Fines and penalties have been made obligatory and strictly applicable to the individuals or companies who break the law or try to spread the negativity related to it. The maximum fine by the law is 4% of the annual turnover which is a big amount that is enough to force everyone to follow the rule.
If any person or company intends to allow open the data privacy for some legal reason then legitimate documentation including the consent form from the company and the acceptor has been made necessary without which the procedure cannot be taken forward.