There are big changes on the horizon regarding the way the EU approaches data regulation. To ensure that your business is on the ball, we’ve put together a complete guide covering everything you need to know about the new EU Data Protection Regulation laws set to go live.
EU data protection regulation – 101
Earlier this year the European Commission revealed a draft of its new set of laws that will replace the previous Data Protection Directive. They’ve renamed the decree the ‘European Data Protection Regulation.’
The release of the new regulation is designed to streamline the current data protection laws that exists across the EU member states. By switching to a ‘regulation’ as opposed to a ‘directive’ all EU member states will need to comply, thus eliminating the need for national implementing legislation.
So what does the new European Data Protection Regulation mean for European businesses?
Read on for our overview of what to expect.
• The right to be forgotten
One of the most noticeable changes will be the introduction of the right to be forgotten. This will allow people to request the deletion of personal data, with organisations obliged to comply.
• Integrated data protection measures
While in the past privacy has been somewhat optional, the new regulations rule that businesses must incorporate data protection measures into products and services from the very beginning.
• The right to portability
Another new right sees consumers entitled to portability. This refers to the easy transmission of personal information from one data controller to another.
• Taking a stand against profiling
While subject to certain exceptions, the majority of consumers will be empowered with the right to remove themselves from corporate profiling.
• Greater understanding
Under the new regulations EU citizens will have the right to request insight into how their data is being used.
How your business can prepare
With the new changes set to take effect any month now, it’s important for British businesses to have an in-depth understanding of how to comply with the updates. One of the most effective ways to boost compliance credentials is to invest in document scanning services that digitalise all data, as it rolls in. This will ensure that all documents are safely stored in an electronic database. Should an audit be initiated your business will be able to produce all key documents in a matter of minutes.