Everything You Need to Know About GDPR Compliance
Upcoming changes to regulations have many brands concerned about GDPR compliance.
But what even is GDPR? And does it even affect you? This post will cover just about everything you need to know about the pending updates and what you need to do to keep your business compliant.
What is GDPR?
GDPR stands for General Data Protection Regulation. This was created for European member states to help secure their privacy, actions and personal data.
This is in place so that the states will have an advantage from the digital economy.
There are 8 rights that people have under GDPR:
- The right to access
- The right to be forgotten
- The right to data portability
- The right to be informed
- The right to have information corrected
- The right to restrict processing
- The right to object
- The right to be notified
7 types of privacy data GDPR protects:
- Personal information such as your identity
- Web data
- Health information
- Biometric data
- racial/ethnic information
- Political opinions
- Sexual orientations
What businesses does this effect?
GDPR is having issues with 2 major corporations, Google and Facebook. The two have lawsuits against them and if found guilty, it could cost them over $7 billion.
This affects both small and large business and there are 4 big effects that companies may see:
- Help their brand by asking/building more followers
- More creativity especially with post making it more visually appealing
- There will be more demand for Micro influencers
- There will be more benefits for media such as newspapers, magazines, television and radio.
Companies that don’t agree with the standard of GDPR may see harsh penalties in the future resulting in large amounts of money to be paid.
It affects European and American businesses.
How do you stay compliant?
May 25, 2018 was the date at which all businesses must be officially compliant with GDPR.
9 ways to stay compliant:
- Get more information about GDPR that will help set a plan for the future of your company
- Make sure all of your consumers are aware of where their privacy rights stand
- Make sure you broadcast your GDPR compliance
- To get user consent, you must implement tools
- Make sure to inspect your lists and discard of data that is not needed
- Keep focus on your customers and their concerns
- Make sure all your departments are involved
- Your design should contain compliance
Steps moving forward
If your business does not meet all the GDPR guidelines, here are the top priorities when it comes to GDPR.
- Make sure you ask customer’s permission before receiving and sharing their personal information.
- Once confirmed, personal data must be portable for other businesses to share it with another business.
- If a customer requests for the personal data to be completely removed, the business must do as asked.
- If there are any data breaches, supervised authorities must know within a 72 hour block since the time it happened.
- Customers need to be aware of their rights under GDPR
- The business needs to be sure to identify when there is an error or not sufficient work in their business and take aim to fix the problem.
Get Online NOLA is a small business, so we know how important it is to stay up to date on changing regulations. Let’s chat about it in a strategy session!