Essential Things US Companies Need to Know About GDPR Compliance Today
It has been slightly over a year now when the GDPR came into effect on May 25, 2018, and companies all over the world today panicked mainly with the tons of misinformation and confusion that have since ensued since then especially for American businesses. It is unfortunate that thousands of complaints were reported within the first half a year accompanied by fines worth of thousands of dollars to tens of millions which explains the need for people to be educated about GDPR. Anyone interested in understanding all the ins and outs of GDPR as well as GDPR compliance checklist for US companies should read more here.
Firstly, GDPR is the short form for General Protection Regulation Data and it started with the EU in 2016 which focused on helping companies to have ample time putting everything together. The formal date for implementation of the same was however in May 25, 2018 which is when the EU saw the need to create more effective ways of giving people better control over their data which created GDPR.
When it comes to GDPR rules and regulations, most people find them so confusing and complicated in addition to the need to people not just ensuring that they adequately examine how they use their data but also take maximum responsibility on its usage as well. There is a great need to make it clear in the daily language how one will be collecting and storing info while at the same time spelling out the purpose of the data and how long one will be holding onto it. In case one will be working with third parties such as Google and MailChimp, they should also mention the same in addition to giving the users the right to request the info that one is holding considering that they have a right to request their data to be removed.
Citation: linked here