How Will General Data Protection Regulation (GDPR) Affect Your Business?

Author
Ben Hancock
Managing Director | Yellow Room Learning
20th November 2017

On the 25th of May, 2018, the General Data Protection Regulation (GDPR) will come into effect. It is a set of regulations designed to protect the data of people living within the European Union. It compels businesses to safeguard the data they collect from residents of the EU and changes how they are allowed process the data they collect. Businesses and organisations that fail to comply with the GDPR may have to pay heavy fines. This guide will give you a brief overview of the core components of the GDPR, to help your business prepare for these changes. It will also explain how Yellow Room Learning can help your business improve its GDPR awareness training.

What are the main objectives of the GDPR?

The way data is collected, processed, and stored has completely changed in the past few decades. Businesses can now store, process, and send large amounts of user data very quickly and easily. They can also process it in new ways, to achieve incredible insight into specific people. Unfortunately, a side effect of data being shared more readily is a loss of trust from the general public. They know that businesses are collecting their data, but they don’t know where it is going or how it is being used. They often have privacy concerns and are worried about businesses losing their personal data to hackers. The GDPR was established to help rebuild the public’s trust, ensuring businesses handle data more carefully and giving members of the public more rights. The main objective of the GDPR is to provide a standardised set of rules for data handling across all countries in the EU. These rules make it easier for citizens to understand how their data is being collected and processed. The GDPR also compels businesses to inform citizens of any data breaches that affect them. Businesses that fail to notify citizens can be penalised financially. Citizens can make complaints about the ways their data is handled more easily and businesses and compelled to address these concerns. Although the GDPR was first introduced on the 24th of May, 2016, compliance is not mandatory until the 25th of May, 2018.

What kinds of businesses must to comply with GPDR?

If your business or organisation processes or controls data that belongs to a citizen residing in the EU, you will have to comply with the GPDR. The GDPR uses the terms data controllers and data processors to refer to businesses or organisations who deal with data.

What Are The Principles Of the GDPR?

The most important data protection principles established by the GDPR include: Storage limitation principle. Data controllers and data processors should not hold onto data for longer than is absolutely necessary. Data must be obtained lawfully, transparently, and with fairness. Data must only be obtained with the full consent of the user. Your business or organisation must be fully transparent about how the data will be used. Data must be used for a specific purpose. Data obtained for one purpose cannot be process and used for completely different purpose. An effort must be made to keep data accurate. Data controllers must take steps to ensure the data they collect is accurate. Data must be kept confidential . The data that your business or organisation collects or processes should be treated confidentially. If you experience a data breach, you are obliged to immediately notify the citizens that you obtained the data from. The GDPR builds upon the Data Protection Act. It strengthens a number of the existing rules and introduces new ones such as the right to be forgotten, the mandatory assignment of a Data Protection Officer for certain businesses, consent to process children's data and more besides. How Yellow Room Learning can help your business Yellow Room Learning can help your business uphold the regulations specified in the GDPR in a number of ways:

  • We can provide GDPR awareness training to your staff, improving their understanding of GDPR.
  • Provide cyber security training for your employees to avoid data breaches.
  • Put you in touch with quality GDPR consultants who can get you on the road to compliance.

GDPR Awareness Training is one of the critical step in complying with the regulations, as set out in the ICO's 12 Steps. Yellow Room Learning can provide engaging GDPR awareness training through effective e-learning and other activities. Contact us for more information about this. Thanks for reading ‘How Will The General Data Protection Regulation (GDPR) Affect Your Business?’  For more cyber security tips, subscribe to the blog or follow us on social media. To learn more about information security training, contact Yellow Room Learning today on 0800 292 2900.  

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