Gdpr (general data protection regulation) is a regulation in eu law (eu) 2016/679 on data protection & privacy of individual citizens’ personal data or personal identifiable information (pii) of european union (eu) and european economic area (eea). It is also applicable to outsourcing this data out of eu and eea as well.
What are the benefits of being gdpr compliant?
the opportunity for customer retention and confidence in eu & eea regions
better data security practices
opportunity to learn & implement new technology
secured mode of data storage & transfer
new rules & rights for individuals/data subjects (consents, data deletion, privacy policy, etc.)
transparency with interested parties on the use of personal data processing
outward business development approach
streamlined client support approach
better handling of personal information of individuals
imposing data minimization on all business processes
new job opportunities for dpo & other security roles
who should be gdpr compliant?
the regulation applies to the processing of personal data in the european union.
This regulation applies to the processing of personal data in the context of the activities carried out by an establishment; either in the capacity of a controller or a processor, or both, in the european union, regardless of whether the processing takes place within eu-eea or out of it. To simply:
firms located in the eu-eea
firms not located in the eu-eea, if they offer free or paid goods or services to eu residents or monitor the behavior of eu residents

Gdpr (general data protection regulation) is a regulation in eu law (eu) 2016/679 on data protection & privacy of individual citizens’ personal data or personal identifiable information (pii) of european union (eu) and european economic area (eea). It is also applicable to outsourcing this data out of eu and eea as well.
What are the benefits of being gdpr compliant?
the opportunity for customer retention and confidence in eu & eea regions
better data security practices
opportunity to learn & implement new technology
secured mode of data storage & transfer
new rules & rights for individuals/data subjects (consents, data deletion, privacy policy, etc.)
transparency with interested parties on the use of personal data processing
outward business development approach
streamlined client support approach
better handling of personal information of individuals
imposing data minimization on all business processes
new job opportunities for dpo & other security roles
who should be gdpr compliant?
the regulation applies to the processing of personal data in the european union.
This regulation applies to the processing of personal data in the context of the activities carried out by an establishment; either in the capacity of a controller or a processor, or both, in the european union, regardless of whether the processing takes place within eu-eea or out of it. To simply:
firms located in the eu-eea
firms not located in the eu-eea, if they offer free or paid goods or services to eu residents or monitor the behavior of eu residents