The GDPR (General Data Protection Regulation), the European data protection law aims to give control to individuals over their personal data and to unify the data regulation within the EU. The bill passed in 2016 and entered into force two years later. It is considered the most important change in data privacy regulation in 20 years. Below you’ll find some information about the impact that the new regulation had in european business and citizens.
The 1st year of GDPR
On May 25, GDPR completed a year and significantly changed the routine of companies. An example of this change is in a study produced by the International Association of Privacy Professionals (IAPP) – one of the largest data privacy associations in the world. According to the IAPP, after one year, there were 89,000 cases of data leakage, with fines exceeding € 56 million. And it was not just that.
According to the study, Europeans conducted 281,088 notifications in 27 countries, of which 144,376 were “complaints” and the other 89,271 were notifications related to data breach. Among the most common complaints were the right to access data and prevent processing, as well as concerns related to disclosures and unauthorized processing.
The Data Executive
The report also indicated that 11 countries had imposed fines on the GDPR, totaling approximately € 56 million. In addition, the study showed the existence of 375 thousand people with the position of Data Protection Officer (DPO). However, the study points out that the number of executives of data is even greater and can reach 500 thousand.