The General Data Protection Regulation (GDPR) entered into force in May 2018. Since then, it has caused quite a few waves in the business world. For the first time in history, all EU member states have unified rules that businesses have to comply with.
The GDPR governs the processing of any personal data relating to individuals in the EU. For SMEs and large corporations alike, this means a large amount of rules and regulations to deal with. And these regulations are some of the toughest in the world when it comes to protecting information on private individuals. For more information you can refer to our previous article.
Legal Uncertainties concerning the GDPR
However, what we cannot cover in an article is the ever-changing legal landscape. The interpretation of the GDPR constantly changes. At the same time, regulatory authorities are increasingly keen on punishing non-compliance.
As the French data-protection authority CNIL put it: “2019 will be decisive in giving credibility to the new legal framework and turning this ambitious European gamble into operational success.” Thus, it is crucial for businesses to stay up to date on the latest development, fines issued, and court decisions struck.
Therefore, we recommend the GDPR enforcement tracker. This powerful tool keeps you up to date on the latest fines and court decisions in real time. If you want to keep track of the fast moving world of data protection, you can reach the GDPR enforcement tracker here.
If you struggle with the implementation of GDPR guidelines for your own business endeavors in Europe, we offer professional assistance. Do not hesitate to contact our Expert, Andre Baum.