What Is GDPR?
The European Union (EU) introduced its previous data protection standard 20 years ago through the Data Protection Directive 95/46/EC. Since the EU requires each member state to implement a directive into national law, Europe ended up with a patchwork of different privacy laws across different countries. In addition, increasing security breaches, rapid technological developments, and globalization over the last 20 years saw new challenges for the protection of personal data come to the forefront. In an effort to address this situation, the EU developed the GDPR, which is directly applicable as law across all member states.
Why GDPR Matters to Forspace and Our Customers?
Once it goes into effect, the GDPR will apply broadly to companies that:
- Are based both inside and outside the EU
- Collect and handle personal data from EU-based individuals
Personal data, also known as personal information or personally identifiable information in other parts of the world, is defined as any information relating to an individual that can be directly or indirectly identified, for example, by reference to identifiers such as:
- Names, identification numbers, and/or location data
- Online identifiers, or to one or more factors specific to the individual’s physical, physiological, genetic, mental, economic, cultural, or social identity
The world has changed for companies collecting and handling personal data in the EU, both offline and online (that is, involving ecommerce or online advertising activities), due to:
- New and strengthened rights for individuals
- Accountability requirements for companies
- Increased scrutiny by regulators.
Therefore, companies collecting and handling personal data in the EU will need to consider and manage their data handling practices and use cases more carefully than ever before.
What Are the Key Requirements of GDPR?
The GDPR was built on established and widely accepted privacy principles, such as purpose limitation, lawfulness, transparency, integrity, and confidentiality. It strengthens existing privacy and security requirements, including requirements for notice and consent, technical and operational security measures, and cross-border data flow mechanisms.
To adapt to the new reality of a digital, global, and data-driven economy, the GDPR also formalizes new privacy principles, such as accountability and data minimization, which are reflected throughout the text, including in the following requirements:
- Data security. Companies must implement an appropriate level of security, encompassing both technical and organizational security controls, to prevent data loss, information leaks, or other unauthorized data processing operations. The GDPR encourages companies to incorporate encryption, incident management, and network and system integrity, availability, and resilience requirements into their security program.
- Extended rights of individuals. Individuals have greater control—and ultimately greater ownership of—their own data. They also have an extended set of data protection rights, including the right to data portability and the right to be forgotten.
- Data breach notification. Companies have to inform their regulators and/or the impacted individuals without undue delay after becoming aware that their data has been subject to a data breach.
- Security audits. Companies will be expected to document and maintain records of their security practices, to audit the effectiveness of their security program, and to take corrective measures where appropriate.
Accelerate Your Path to GDPR Compliance with Forspace Solutions
We are committed to helping you develop a strategy to achieve GDPR security compliance. Forspace has more than 40 clients using and relying on the design and development of secure database management, data protection, and security solutions. Trusted globally, Forspace Solutions have a proven track record, serving businesses in many countries.
Over the years, we invested the resources and designed controls and processes to expertly develop and manage its applications, databases, servers, and infrastructure across the entire platform. In a constantly changing regulatory landscape, Forspace Solutions can help your organization address regulatory compliance more efficiently and easily.
Find out more about how Forspace Solutions can help accelerate your GDPR readiness.