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SMALL BUSINESS NEWS

Dec 2017

 

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GDPR Goes Into Effect Next Year

Starting in May 2018 your small business may have a new requirement if you sell to European customers.

On 25 May 2018 the European Union (EU) will require businesses that collect data on European customers to meet certain requirements under the General Data Protection Regulation (GDPR).

The following (28) countries currently make up the EU:  Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK. (The UK is leaving the EU).

This new requirement will apply to your business if it collects or processes the personal data of any EU citizen.  This includes:

 

“Any information related to a natural person or ‘Data Subject’, that can be used to directly or indirectly identify the person. It can be anything from a name, a photo, an email address, bank details, posts on social networking websites, medical information, or a computer IP address.”

Businesses that collect this data must do the following:

 

-Get explicit consent from customers.

 

-Give customers the opportunity to opt in or out.

 

-Give customers the opportunity to withdraw consent.

 

-Get parental consent for customers under the age of 16.

 

-Do not collect data on anyone below the age of 13.

 

-Appoint a Data Protection Officer (DPO) if your business is (a) publicly held; (b) engages in large scale systematic monitoring, or (c) engages in large scale processing of sensitive personal data.  The DPO is someone who is familiar with GDPR.

 

-Report data breaches to the authorities and to individuals within 72 hours.

Your organizations can be fined up to 4% of annual global turnover for breaching GDPR or €20 Million.

 

Sources:
General Data Protection Regulation (GDPR)


By Bill Williams

 

 

 

 

 

 

 

 

 

 
 

 

  
 

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