EU finally agrees on General Data Protection Regulations

The wording of the document has been finalised and is set to come into force in 2018

EU officials have finally agreed on the wording of the new General Data Protection Regulations (GDPR) following three years of negotiations and draft documents.

Although the changes, which aim to set some kind of data protection consistency around the whole of Europe, haven't been formally agreed upon yet, approval will be top of the EU Parliament's agenda when they meet later in the month.

At this point, it will get the go ahead to become law from 2018 in all 28 member states, replacing often misaligned laws around the continent.

Some of the most notable changes in the GDPR proposals include more rigorous regulations for getting consent to collect data, increasing the age of consent from 13 years to 16 years old, removing information from company servers when Right to Be Forgotten requests are granted, requiring companies to tell EU authorities if a data breach occurs within 72 hours of it happening and establishing a single national office where complaints about data protection can be made.

Advertisement
Advertisement - Article continues below
Advertisement - Article continues below

The regulations will also include provisions for fining companies up to four per cent of their global revenues if they do not comply, which supporters believe will motivate organisations to reassess their data protection policies.

"The most critical change brought about by the GDPR is that jurisdiction is not a physical or geographical barrier jurisdiction will be measured digitally, meaning that companies outside of the EU will be affected by these new regulations by virtue of collecting data that belongs to an EU citizen," attorney Joseph D. McClendon told the National Law Review.

"With fines for non-compliance being set at 4 per cent of a company's global revenue, the financial impact to companies like Google, Facebook, Apple, and Microsoft for non-compliance can potentially result in billions of dollars in fines alone."

Featured Resources

What you need to know about migrating to SAP S/4HANA

Factors to assess how and when to begin migration

Download now

Your enterprise cloud solutions guide

Infrastructure designed to meet your company's IT needs for next-generation cloud applications

Download now

Testing for compliance just became easier

How you can use technology to ensure compliance in your organisation

Download now

Best practices for implementing security awareness training

How to develop a security awareness programme that will actually change behaviour

Download now
Advertisement

Recommended

Visit/data-insights/data-management/354423/eu-us-data-transfer-tools-used-by-facebook-ruled-legal
data management

EU-US data transfer tools used by Facebook ruled legal

19 Dec 2019
Visit/backup/33385/arcserve-udp-9240dr-review-beef-up-your-backups
backup

Arcserve UDP 9240DR review: Beef up your backups

4 Apr 2019

Most Popular

Visit/policy-legislation/data-governance/354496/brexit-security-talks-under-threat-after-uk-accused-of
data governance

Brexit security talks under threat after UK accused of illegally copying Schengen data

10 Jan 2020
Visit/security/cyber-security/354468/if-not-passwords-then-what
cyber security

If not passwords then what?

8 Jan 2020
Visit/policy-legislation/31772/gdpr-and-brexit-how-will-one-affect-the-other
Policy & legislation

GDPR and Brexit: How will one affect the other?

9 Jan 2020
Visit/web-browser/30394/what-is-http-error-503-and-how-do-you-fix-it
web browser

What is HTTP error 503 and how do you fix it?

7 Jan 2020