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If you're new to GDPR and wondering what all the fuss is about, or if you're a seasoned business owner who's concerned about how it will impact your operation, then you'll want to check out www.compliancehome.com. HIPAA Compliance News and Advice
website offers comprehensive advice on GDPR compliance, as well as news and updates on all the latest updates and developments around the GDPR Summit.
If you're wondering what level of preparation you need to do in order to be GDPR compliant, then this website will give you a comprehensive overview of the compliance process and what steps are needed in order to be compliant. You'll also find information on resources that can help with your compliance efforts, as well as guides and tutorials that will walk you through the process step by step.
Overall, www.compliancehome.com is a great resource for anyone interested in learning more about GDPR compliance or just wanting to stay up-to-date on the latest developments around the law.
As of May 25, 2018, the EU General Data Protection Regulation (GDPR) went into full effect. Designed to protect the privacy of individuals within the EU, GDPR applies to any company that does business with EU residents (whether domestically or from outside of the EU). Although some companies have been preparing for GDPR since its announcement in early 2016, businesses of all sizes now face significant fines if they fail to meet its requirements. Here are some key things to know about GDPR and how you can make sure you're compliant.
What is GDPR?
The General Data Protection Regulation (GDPR) is a new regulation that applies to any company that does business with EU residents. It was announced in early 2016 and went into effect on May 25, 2018. Under GDPR, all companies must take steps to protect the privacy of their customers' personal data. This includes not only tracking data collected about customers, but also protecting that data from being accessed or shared without consent.
What does this mean for my business?
If your company processes the personal data of EU residents, you're likely affected by GDPR. If you don't comply with GDPR, your company could face significant fines from the GDPR Authority (the body responsible for enforcing it). In most cases, non-compliance will result in the removal of your company's access toEU customers and potentially prevent you from doing business with EU residents altogether.
How do I make sure I'm compliant?
There are a few things you need to take action on in order to comply with GDPR: You need to track and report data processed activities You need to protect customer data from being accessed or shared without consent You need to collect customer consent before processing their data You need to keep accurate records of all customer data processed Under certain circumstances, you may also be obliged to appoint a Data Privacy Officer (DPO) who will help oversee your compliance efforts
Are there any exemptions?
There are a few exemptions included in GDPR compliance . These include: Processing credit information That would be necessary for entering into contracts with customers Using credit history as part of fraud prevention or risk management Activities carried out by public authorities In some cases, companies may also be exempt if they can prove that they meet certain conditions
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