When thinking about whether your company would benefit from Privacy Shield certification the most important question to answer is: is my company under the jurisdiction of the Federal Trade Commission (FTC) or the Department of Transport (DOT)? If the answer is yes, then the Privacy Shield could be of real benefit to your organization when dealing with the transatlantic transfer of personal data from the European Union to the U.S.
Category: GDPR
Delve into GDPR compliance essentials—from lawful processing and data subject rights to cross-border transfers and regulatory updates. Stay informed with practical guides and expert insights to enhance your EU-focused data privacy strategy.
-
How is Privacy Shield Different from GDPR?
The EU-US Privacy Shield program was launched in early 2019 primarily as a response to two external causes; the ruling by the Court of Justice of the European Union (CJEU) which invalidated the Safe Harbour program in 2015, and the enactment of the General Data Protection Regulation (GDPR) introduced by the European Union in 2018.
-
What is EU-US Privacy Shield and Why Does it Exist?
More customers are becoming aware of data privacy when engaging with businesses online. With data breaches on the increase, many customers face issues regarding the adequate protection of personal data, especially following the event of a data breach or cyberattack. In a report given by RAND corporation, it was found that 11 percent of customers would change organization, and 23 percent would give the existing organization less business. These realities have spawned an ecosystem of regulation and data privacy awareness.
-
What GDPR Means for These Five Industries
The General Data Protection Regulation (GDPR) came into effect last year giving pressure to data brokers and tech firms to adequately protect, process and store customer information. Developed by the European Parliament and the Council of the European Union, the new EU data regulation laws threaten businesses with hefty fines of roughly 20 million euros or four percent of their turnover should they fail to adhere to the new legislation geared towards giving people more control over their personal information.
-
What Is Considered PII Under GDPR?
There has often been confusion around what is Personally Identifiable Information under GDPR and how businesses can protect themselves against getting hit with a fine for lack of compliance. At times though it is difficult to distinguish what personally identifiable information (PII) is in general and what your business needs to do to remain compliant. Thankfully, we’ve created this comprehensive guide that can help you understand what PII is and how you can maintain compliance with GDPR’s rules that pertain to PII.
(more…) -
Data Protection & Social Media: How GDPR Influences Today’s Social Media Platforms
Roughly 57% of the global population now have access to the internet. While being connected to the largest database in the world does bring a host of advantages, it does come at a price. Recent statistics revealed that about 53% of online users are currently more concerned about their online privacy compared to a year ago.
-
Challenges of Managing Personally Identifiable Information
It’s difficult in the current technological environment to determine what falls under private or personal information, especially considering how many social media platforms exist. People post a plethora of information about themselves causing the concept of privacy to become skewed. All of this information provides companies with a window into the consumers’ minds and consequently their wallets. But, with information collection comes the responsibility to protect personal data from malicious individuals.
-
Which Industries Are Most Affected By GDPR?
Since the General Data Protection Regulation (GDPR) was enforced on May 25, 2018, many have complied with it lest they face unprecedented non-compliance fines and other consequences. GDPR, at its core, is the new set of rules designed for EU individuals to give them more control over their data. Its objective is to make the regulatory environment simple so that both businesses and their customers in the EU can ultimately benefit from the digital economy.
In this article, we’ll be tackling the top industries affected by GDPR, the challenges that they face since the regulation has come into effect over a year ago, and the benefits they receive from this data privacy law. These industries are the following: social media, online retail, digital banking, cloud computing, and healthcare.
-
How Are E-Commerce Websites Affected By GDPR Regulations?
E-Commerce websites are constantly under scrutiny for a myriad of reasons. Whether it be from consumers or regulatory committees, these websites need to play defense 24/7 to ensure their networks remain compromise-free from the threat of hackers. This is one of the main reasons why the General Data Protection Regulation (GDPR) was adopted in Europe in 2006.
Although GDPR may be somewhat of a regulatory headache for e-commerce websites, it is also important for keeping consumer data secure. With an estimated average of 4,800 e-commerce websites every month becoming compromised by hackers inserting malicious code into their website to steal payment information such as credit card numbers, names, and more – there is no denying that a strong defense is the perfect solution.
This is why having a GDPR compliance checklist for e-commerce companies is incredibly advantageous in helping overcome these malicious network intruders. Let’s walk you through our GDPR e-commerce checklist that helps online retailers understand the importance of GDPR and what rules and regulations they should familiarize themselves and their IT teams with.
-
CCPA vs. GDPR: What’s The Difference?
Consumer data privacy has become a hot topic these days with various legislations enacted to promote and strengthen the privacy rights of consumers. There is a global trend of forcing companies to be more accountable and responsible when it comes to protecting consumer data.
Consider the General Data Protection Regulation (GDPR), which was designed to protect the personal data of citizens of the European Union (EU). It was passed into law in 2016 and took effect two years later.
A couple of months after the GDPR took into effect, then California Governor Jerry Brown signed into law the California Consumer Privacy Act (CCPA) which will be implemented in 2020. The CPPA is widely considered one of the toughest consumer privacy laws in the United States.
Because of the nature of these two legislations, a comparison between the GDPR and CCPA is unavoidable. This article will discuss briefly the two data privacy acts and enumerate the differences between GDPR and CCPA.