How does the GDPR affect business processes?
The General Data Protection Regulation (GDPR) is a law that was created to protect the privacy of individuals located in the European Union (EU). This law applies to any business processes that involve gathering, storing, or using the data of EU citizens. Under the GDPR, companies must provide notification of data collection and allow individuals to access, correct, delete, or restrict the use of their data. Companies must also create a Data Protection Officer (DPO) to oversee the gathering, storing, and using of personal data. Companies must also adhere to the 72-hour breach notification timeline, which requires companies to inform national authorities within 72 hours of a data breach. In California, businesses must adhere to the California Consumer Privacy Act (CCPA) of 2018. The CCPA is similar to the GDPR in that it requires businesses to follow certain guidelines when it comes to collecting, storing, and using the personal data of California residents. Businesses must provide clear notifications of any data collection, allow individuals access to their data, and delete any personal data when so requested. The GDPR and CCPA have a significant impact on business processes. Companies must change their policies and procedures in order to comply with the new regulations. Companies must also provide training for employees on the new regulations and invest in appropriate technologies to monitor data. Companies should also update their contracts and terms of service to reflect the requirements of the new privacy laws.
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