A short article on "New privacy protection act GDPR of EU, and how it may impact Non-EU citizen and business organisation in short and long term"
Introduction to GDPR General Data Protection Regulation (GDPR) is a new and very powerful data privacy protection act by European Union(EU) for their citizens and residents. It replaces the existing privacy protection directive Data Protection Directive and is effective from today 25/05/2018. Primary objective of GDPR is to give full control to citizens and residents of EU over their personal data and to simplify the regulatory environment of international business by unifying the regulation across the EU. There is a provision from strong penalties (10 million Euro/ 20 million Euro) against the unlawful usage of such data by the company collecting it. A short summary of GDPR It was adopted on 14 April 2016 , and after a two-year transition period, becomes enforceable on 25 May 2018 . GDPR is a regulation, not a directive , so it does not require national governments to pass any enabling legislation, and is directly binding and applicable to all the coun...