- Sadia Islam
Are you confused about whether you should pursue a travel app for your tourism business? Let’s know all the benefits that a travel app can bring to you!
GDPR AKA General Data Protection Regulation- these four words are freaking out almost everyone nowadays. Companies like Facebook, Whatsapp, Instagram and even Google are facing charges for not complying with this European Union legislation.
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General Data Protection Regulation(GDPR) is a data protection and privacy legislation applicable to all the citizens of the European Union(EU) and members of the European Economic Area(EEA). EU adopted this regulation in the 14th of April, 2016 superseding the previous Data Protection Directive and implemented on the 25th of May, 2018. This aims to give control to citizens and residents of EU of their personal data collected by companies not only which are located within the European Union region but also which are doing business within the European Economic Area.
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This is a broadly defined topic. But generally, it means Personally Identifiable Information(PII) Â or Sensitive Personal Information(SPI) those can be used to identify an individual. These can be any name, IP address, any kind of ID number, date of birth, biometric records and educational certificates etc.
Every company residing within the European Union(EU) or doing business inside the European Economic Area(EEA) gets affected by this legislation. The European companies who export consumers’ personal data outside EU and EEA areas also belong to this category.
In 2016, after the rule being adopted, companies were given two years to be prepared for this regulation. Now after the rule being implemented, if any company is found to be violating the rules, they can be fined up to 4 percent of their annual income or 20 million euros which is equivalent to 24.6 million USD.
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