How will the GDPR impact your business?

General Data Protection Regulation, or GDPR in short, will change how businesses handle data. Our GDPR guide helps you understand what will change for your company, and what you can do to be compliant with the new regulation.

GDPR marks one of the biggest changes in two decades for European data protection policy. This is a natural development of the first European data protection policies created during the 90s. Due to the increasing amount of data we create, edit and store, the old regulations were insufficient according to the European Union.

The GDPR will come into force on May 25th, 2018. Until then business and public organizations covered by the regulation will need to prepare for the changes.

Here’s what you need to know about GDPR:

The GDPR is a new European framework for data protection, replacing the outdated 1995 data protection directive. According to the EU’s GDPR website, the legislation was created to “harmonize” data privacy laws in Europe and offer more protection and rights to individuals. The GDPR will bring large changes for the public, businesses, and any organization that handles personal information.

After more than four years of discussion, the GDPR was adopted by the European Parliament and the European Council in April 2016. Both regulation and directive were published at the end of that month.

How will GDPR impact my business?

The GDPR will require businesses to implement technical and organizational measures to ensure their requirements. Privacy will be at the forefront of the new regulations, and businesses will need mechanisms that guarantee the security of their customer and employee data.

This could mean, identifying which services does your company use and whether they handle customer and employee personal data. To name a few, backup services, cloud solutions, and remote servers will need to have proper security mechanisms in place.

“Business and public organizations covered by the regulation will need to prepare for the changes”

What rights will data subjects have?

The right to be forgotten

Individuals will be able to request that businesses delete their personal data in certain situations. For example, if the information no longer servers the purpose for which it was collected, or the customer withdraws their consent.

The right to data portability

Data subjects will have a new right to obtain a copy of their personal data from the controlling company in a readable format. They will also be able to transfer this data to another company – for example, another online service provider.

Read more about the rights provided by the GDPR.

How can vBoxx help?

GDPR is introducing stricter rules for the personal data protection of individuals. It also clearly identifies measures that should be in place, encryption being one of them. One of the main benefits of encryption technology is its strength. Powerful algorithms and complex keys are widely available and have a relatively low cost of implementation.

vBoxxCloud is one example. A cloud solution that offers more than just encryption. It also provides businesses with a solution that is simple to deploy and easy to use for non-technical users. More importantly, it provides security mechanisms, that fall in line with the GDPR data guidelines. Enforced password updates, encrypted connections, organizational hierarchy and two-step authentication will help you manage sensitive data according to GDPR standards.

By easily enforcing security policies, while ensuring that your connection is encrypted, vBoxxCloud will help keep productivity high when handling data. Larger teams with high staff turnover could be a problem when handling data in the cloud. Our cloud solution gives you a centrally-managed admin interface, where you can keep track of how the data is being handled.

Find out more about secure file sharing for business.

Will the GDPR be good for my business?

GDPR has the potential to bring positive changes to businesses. vBoxx is already compliant with many of the GDPR regulations, however,  you will still have to evaluate how your business processes personal data. This could include redesigning systems that process personal data and adopt new organizational and technical measures (for example encryption).

If you are already a vBoxxCloud customer, then you are already half-way there.

Contact us if you have any questions about how vBoxxCloud handles your data.

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