It’s been happening for quite a long time, the digital market surging, full steam ahead and the biggest concern has been and continues to be offsite data protection and security when it comes to user data. So, the European Union (EU) created the General Data Protection Regulation (GDPR) and officially signed it into law. As of May 2018, the
GDPR is in full effect.
But, how does the GDPR affect customers in the US?
Any company handling data of people inside the EU (which includes companies all over the globe) will see serious changes in data privacy. The intent is to give people control and the right to consent to the use and the limit of use of their data. Otherwise, they can seek damages if a data breach were to occur.
Even though companies may not have ties with Europe, they may still be subject the new data laws. If these companies support businesses that have customers inside the EU, they are directly affected. Not complying with the regulation is not a cost-effective option. Fortune Global 500 companies are estimated to have spent over $8 billion in preparation for the new data rules.
Businesses will be impacted by the new data rules, as they will not be allowed to keep personal data any longer than is needed. If a customer asks for personal information to be deleted from a business server, they will be required to comply. The only exceptions would be law enforcement or if the requested services can only be provided to the
customer with their data.
Data security breaches must be reported within 72 hours of discovery and businesses may have to show proof that data is being handled correctly. Increased monitoring and documentation may add time and budget to the bottom line for many businesses to ensure offsite data protection is in place.
When businesses rely on proven Data Protection Services from VAZATA, they are confident the data risks are mitigated from the start. Customized services can provide any level of data protection, from disaster recovery, antivirus solutions, spam filtering, geo-dispersed back-ups, and business continuity.
As offsite data protection continues to be an issue at the heart of today’s business climate, making sure your business and your customers are secure is more important than ever.