Internet has connected people from all over the world on one platform. The active internet lifestyle involves people to constantly put in their pictures, names, email IDs, phone numbers etc to connect to new people. This information collected over a period of time have been disrupting the lives of many through internet scams and frauds.
There have been customer data protection rules but the world is challenged with its effectiveness. To hold a firm hand over the compliance of the same, government regularized the data protection rules which make data protection compulsory over the internet!
Fines on data compromise
Every website on the internet collects some or the other data from the customers to make their experience good. This ranges from phone numbers, bank account details, GPS location etc. And when this data is compromised by the company employees or sold over by them the customers suffer. To save from this the GDPR compliance rules have been set up where the customers are in charge of their information. Companies now have to get authority from the customers every time they use customer data for browsing.
Stricter rules for data protection
Online website, companies and brands are now required to enhance their risk assessment processes and conduct audit on the data protection rules every six months. A report has to be generated stating how well the company is able to handle data protection. And this is checked through many applications, checklist and analytics. The government then screens through these reports to authorize the company for further processes. Without the reports complying to the rules, the companies are penalized.
Penalties for breach of contract
Easy access to the data by any employee in the management has led to a lot of data selling to third parties and misuse by the employees alone. The customers suffer heavily for this breach of contract. As per the new guidelines when the breach of contact occurs the companies are due to be penalized heavily for it. The audit is run to check on the aspects where the data has been compromised. And after the key reason is found out, heavy fines or a term in the jail is announced for the people responsible. The penalties act as motivation to keep away from data phishing.
The new GDPR compliance rules have strengthen the IT data and security system redefining the customer data protection for the world!