What is the General Data Protection Regulation (GDPR)
Europe's data protection rules are about to implement their biggest changes in more than twenty years. Existing policies created in the 90's never contemplated the amount of digital information we create, capture, and store would reach the levels of what exists today. The mutually agreed upon European General Data Protection Regulation, or GDPR goes into effect on May 25 2018 and updates how businesses handle and process customer information; here are what the changes mean for your company. GDPR replaces the 1995 data protection directive which current UK law is based on. The new regulation is designed to harmonize data privacy laws across Europe giving greater protection and rights to individuals. GDPR encompasses three big changes for the public and businesses that handle personal information. There are new rights for people to access the information companies hold about them, obligations for better data management for businesses, requirements to obtain consent via…