What every business needs to know about the EU's General
Data Protection regulation.
CHAPTER 1
A BUSINESS OPPORTUNITY
The GDPR regulates the way businesses process and manage
personal data Effective as of 25 May 2018 and applicable to all
businesses and organisations (e.g. hospitals, public
administrations, etc.), it constitutes the biggest change to the
EU's data protection rules in over 20 years
Not only does the GDPR give citizens more control over how their
personal data is used, it also significantly streamlines the
regulatory environment for businesses.
It does this by establishing a uniform framework for data
protection legislation across the EU. In other words, instead of
each country having their own data protection laws, now the entire
EU is governed by a single regulation. Thus, a company operating in
different countries no longer needs to comply with multiple —
often differing — regulations. Instead, they only need to
conform to the GDPR in