The world has come a long way regarding technological progress since the initial implementation of the current EU Data Protection Directive (95/46/EC). This progress has profoundly altered the way personal identifiable information (PII) is collected, accessed, and utilized.
On January 25, 2012, to strengthen individual privacy rights, the European Commission proposed a comprehensive reform of the old EU Data Protection Directive – and on April 27, 2016, a new regulation, known as the GDPR, was adopted. It enters into the application on May 25, 2018, after a two-year transition period.
The General Data Protection Regulation (GDPR) was designed to harmonize the often diverse, data protection rules across the EU.
Regulation is a binding legislative act which must be applied in its entirety across the EU by a given date. Per the European Parliament, the aim of the regulation is “to protect and empower all EU citizen’s data privacy and to reshape the way organizations across the region approach data privacy.” (GDPR, European Parliament, 2017)
The GDPR will affect all entities (businesses and public bodies) holding and processing personal identifiable data of EU citizens whether it’s inside or outside the borders of the European Union. According to the European Commission personal identifiable information is defined as:
IN OTHER WORDS, THE GDPR WILL AFFECT:
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