With the use of more and more internet, more people are getting online. Be it social media, government websites, businesses or other websites the use is widespread across the world and each minute the information shared by people over the internet is increasing. Businesses around the world although put in a lot of attention to data, have not been responsible enough when it comes to personal information shared by their audience.
In strict adherence to protection of the consumers the government released EU GDPR compliance which is compulsory for the businesses to adhere.
Businesses have long relied on third party for complying with the government compliance rules and protection guidelines. As a result if the data is compromised the company was often ignored from any heft penalties. But with the new changes coming in the government has put the burden on the companies to make compliance with the rules. Here the need of additional documents like data assessment report, contracts, breach rules etc are to be presented to the government along with an assurance that the data compliance is met by the company.
Heavy fine on data breach
Business often needs customers to share their personal information like address, phone number, bank account details etc. If this collected data is shared or sold by the company to any third party the GDPR compliance rules are set to fine the company with hefty penalties. This includes both monetary and life behind prison.
Privilege access management
From the very beginning the companies and online websites have been entrusted with data protection and control. This allows the companies to use the collected in their own way and it has resulted in a lot of scams. Ever since now the customers are granted an authorization process which gives them the power to share the information only where they want. This holds the customer safe if they want to proceed with information sharing.
Risk assement and checks
Every business is not required to get a risk assessment audit done for their data control and protection measures. The report generated from this audit has to be authorized from a professional and submitted to the government for assessment. If the business is found non-complying to the rules they can be heftily fined.
The new rules under EU GDPR have been revolutionary in making online websites responsible for the data they collect from their customers!