Why GDPR = CSR
You may have already heard about the new privacy provision from the European Union called GDPR (General Data Protection Regulation). It goes into effect on tomorrow, May 25 in the EU. This law is designed to provide European Union citizens with more control over and transparency around personal data that’s collected about them online. However, it would be a mistake to assume that this regulation is only something that EU businesses need to be concerned about.
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If fact, the GDPR offers protection and remedies for EU citizens if their data is found to be non-compliant–no matter where in the world that data resides. In other words, if EU citizens happen to interact with your business online in any fashion, chances are that they have a right to know (and opt-in and opt-out) of any personally identifiable data you may have collected from them.
But this missive isn’t about crime and punishment. It’s about doing the right thing—and being on the right side of a broad initiative—because it represents good corporate citizenship. We all know that data privacy and transparency has been headline news in the U.S. for the past year or more, so data privacy is more than just a GDPR or a “European” problem. Data security and transparency is something that we all need to be thinking about and taking steps toward constant improvement.
To help you understand the issues, here are some excellent resources on GDPR compliance from both Google and Microsoft.
And finally, we’d like to take this opportunity to make sure that The Cut is going to the folks who really want it (oh, and to adhere to the GDPR while we’re at it).
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We hope to see you on the other side (of increased global data security)!
Cheers,
Drew