Widening the definition of private data and ensuring complete security for the users, the GDPR compliance rule is all set to bring safety to the internet users. With strict compliance rules the EU General Data Protection Regulation has shifted the concern of breach of details and loss of personal data to the companies.
The big change for the IT Security teams
Indeed with the launch of new EU GDPR rules there has been an added concern for the IT compliance teams and security companies. They are required to become extra cautious with the safety concerns of data stored providing the companies and internet users with a full-proof system. Here are some of the game changing effects.
- The companies are required to be ready with their audit reports for any time scrutiny
- Companies need to demonstrate continuous compliance with the EU GDPR to be able to save themselves from the risk of fines.
- Minimization of data loss, risks and failures to secure the company from bad reputation and heavy fines
- Overview of policies, strict control measures and updating the technology to ensure complete data protection
- No data transferring
Widened meaning of private data
Earlier the private data only meant names, email addresses of account names of the customers. With the release of the new EU General Data Protection Regulation the definition has been widened to cover aspects like IP addresses, health records, Bank details, location etc. With increased criteria the gamut of data is increased and the companies are now required to protect these increased personal information of the users with a much stricter and strong technology system to ensure compliance.
Impact of the EU GDPR compliance
The strict non-compliance fines and the increased burden of storing the data with protection has led the companies to transfer the risk to specialized companies. Businesses are hiring IT services suppliers, partners and a responsible management system who have the required expertise and can ensure compliance with the new EU GDPR. This indeed provides the businesses with better control on their data and also acts as a security measure to the internet users as they are now ensured protection from a specialized company who have niche in providing for internet security services.
In an attempt to protect private data on the internet the EU GDPR has successfully levered the security solutions and ensured there is safety of private data. However, the businesses are still in need of clear instructions of the required technology and safety standards.