SlideShare a Scribd company logo
This article does not constitute legal advice and
is intended for informational purposes only.
A Quick Guide for
U.S.> Businesses
This article does not constitute legal advice
and is intended for informational purposes only.
The General Data Protection Regulation (“GDPR”) is a legal framework
that sets new standards for the collection, storage, and processing of
personal data of citizens of the European Union (“EU”). Enacted in
May 2018, GDPR has had far-reaching implications for how companies
handle consumer privacy.
GDPR applies to a broad array of personal data, including a person’s
name, email address, and phone number, but also less obvious
information such as customer IDs and IP addresses.
The purpose of GDPR is to give EU citizens the right to access and
control their personal data and it is intended to protect EU citizens from
privacy and data breaches.
This article does not constitute legal advice
and is intended for informational purposes only.
Although the GDPR mainly affects those living within the
European Union (EU), businesses do not have to be based in the
EU to be bound by the GDPR. GDPR applies to U.S. companies
that provide goods or services to EU citizens or monitor their
behavior (for instance, by using cookies or similar tracking
technologies).
Thus, if you collect personal data or behavioral information
from an individual in an EU country – whether that individual is
a customer or your own employee, then your company is subject
to the requirements of the GDPR.
This article does not constitute legal advice
and is intended for informational purposes only.
It is important that U.S. businesses determine whether the GDPR
applies to them in order to ensure compliance with GDPR. This
is because the penalties for failing to comply with the GDPR can
be severe.
Companies found to violate the GDPR can face eye-watering
fines. The maximum fine for a violation is 20 million euros or
4% of a company’s annual global revenue from the prior year,
whichever is higher.
This article does not constitute legal advice
and is intended for informational purposes only.
This article does not constitute legal advice
and is intended for informational purposes only.
By inventorying and mapping your data holdings you will develop a
solid understanding of the array of personal data you are responsible for
safeguarding.
Updating your privacy notices to comply with the GDPR’s enhanced
transparency requirements will force you to review your public-facing
privacy policies and other online notices to ensure they are up-to-date
and accurate. Benchmarking your existing policies to the GDPR will
help you identify gaps and inconsistencies in your current approach.
Although cumbersome, launching
a GDPR compliance effort will
help get your company’s privacy
and security affairs in order.
This article does not constitute legal advice
and is intended for informational purposes only.
GDPR provides exceptions to many of the most burdensome
provisions of the regulation when steps are taken to de-identify
personal data.
For instance, companies may not be required to provide breach
notification to individuals if the data that was compromised had
been properly anonymized. By using anonymization or
pseudonymization techniques companies can also give
themselves more flexibility in how they process data.
Anonymization and
pseudonymization can
significantly reduce GDPR
compliance burdens
This article does not constitute legal advice
and is intended for informational purposes only.
In addition to EU regulators, individuals have a “right to an effective
judicial remedy,” including monetary damages, for violations of the
GDPR. This right can be exercised by nonprofit organizations on
individuals’ behalf.
Thus, US businesses should be aware that privacy and consumer
organizations are likely on the lookout for indications of basic failures to
comply with the GDPR. Preparation is key to avoiding becoming an
early target for one of these class-action style forms of litigation. This is
particularly important because given that courts will be considering
many of these issues for the first time, early judicial outcomes are hard
to predict.
Nonprofits can enforce the GDPR
on behalf of consumers and have
greater resources to fund a legal
action than individuals do.
This article does not constitute legal advice
and is intended for informational purposes only.
Companies should be careful to not mistakenly assume that if
they comply with the GDPR, they have met all of their privacy
and security obligations across the globe. Implementing a GDPR
compliance strategy will undoubtedly help with any privacy and
security program, but different jurisdictions have different laws
and requirements can vary in substantial ways.
It is important to always carefully review the relevant laws and
regulations and to be prepared for future developments in the
privacy landscape.
While the GDPR is an important
privacy law, it is not the only one.
DISCLAIMER
This article does not constitute legal advice and is
intended for informational purposes only. You should
contact your attorney to obtain advice with respect to
any particular issue or problem. Use of and access to
these materials, the CGL website or any of the links
contained within the site do not create an attorney-client
relationship between CGL and the user or browser. The
opinions expressed at or through this site are the opinions
of the individual author and may not reflect the opinions
of the firm or any individual attorney.
www.cgl-llp.com

More Related Content

What's hot

"If we're leaving the EU, does GDPR even matter?" And other FAQs
"If we're leaving the EU, does GDPR even matter?" And other FAQs"If we're leaving the EU, does GDPR even matter?" And other FAQs
"If we're leaving the EU, does GDPR even matter?" And other FAQs
Tech Data
 
DPA and GDPR
DPA and GDPRDPA and GDPR
DPA and GDPR
SabahtHussein
 
An Overview Of GDPR (General Data Protection Regulation)
An Overview Of GDPR (General Data Protection Regulation)An Overview Of GDPR (General Data Protection Regulation)
An Overview Of GDPR (General Data Protection Regulation)
Madhumita Mantri
 
GDPR
GDPRGDPR
GDPR
Gopi PD
 
Data Protection Reform: What Businesses Need to know About GDPR and its Impac...
Data Protection Reform: What Businesses Need to know About GDPR and its Impac...Data Protection Reform: What Businesses Need to know About GDPR and its Impac...
Data Protection Reform: What Businesses Need to know About GDPR and its Impac...
MediaPost
 
UK GDPR: What New Direction?
UK GDPR:  What New Direction?UK GDPR:  What New Direction?
UK GDPR: What New Direction?
David Erdos
 
Disclosure, Exposure and the "Right to be Forgotten" After Google Spain
Disclosure, Exposure and the "Right to be Forgotten" After Google SpainDisclosure, Exposure and the "Right to be Forgotten" After Google Spain
Disclosure, Exposure and the "Right to be Forgotten" After Google Spain
David Erdos
 
Employee Training is Key to GDPR Compliance: GDPR
Employee Training is Key to GDPR Compliance:  GDPREmployee Training is Key to GDPR Compliance:  GDPR
Employee Training is Key to GDPR Compliance: GDPR
GDPR Course
 
The Countdown to the GDPR Regulations
The Countdown to the GDPR RegulationsThe Countdown to the GDPR Regulations
The Countdown to the GDPR Regulations
Elliot Reeman
 
Gdpr the imo guide draft 2
Gdpr   the imo guide draft 2Gdpr   the imo guide draft 2
Gdpr the imo guide draft 2
Imogen Bertin
 
Imo's common sense guide to GDPR
Imo's common sense guide to GDPRImo's common sense guide to GDPR
Imo's common sense guide to GDPR
Imogen Bertin
 
General Data Protection Regulation for Ops
General Data Protection Regulation for OpsGeneral Data Protection Regulation for Ops
General Data Protection Regulation for Ops
Kamil Rextin
 
The GDPR, Brexit, the UK and adequacy
The GDPR, Brexit, the UK and adequacyThe GDPR, Brexit, the UK and adequacy
The GDPR, Brexit, the UK and adequacy
Lilian Edwards
 
How will GDPR affect small businesses?
How will GDPR affect small businesses?How will GDPR affect small businesses?
How will GDPR affect small businesses?
AllBusinessTemplates
 
An Overview of GDPR
An Overview of GDPR An Overview of GDPR
An Overview of GDPR
The Pathway Group
 
General data protection regulation gdpr audit 2018
General data protection regulation gdpr audit 2018General data protection regulation gdpr audit 2018
General data protection regulation gdpr audit 2018
Fraser Hay
 
GDPR: the legal aspects. By Matthias of theJurists Europe.
GDPR: the legal aspects. By Matthias of theJurists Europe.GDPR: the legal aspects. By Matthias of theJurists Europe.
GDPR: the legal aspects. By Matthias of theJurists Europe.
Matthias Dobbelaere-Welvaert
 
GDPR- Get the facts and prepare your business
GDPR- Get the facts and prepare your businessGDPR- Get the facts and prepare your business
GDPR- Get the facts and prepare your businessMark Baker
 
2018 Client Briefing GDPR
2018 Client Briefing GDPR2018 Client Briefing GDPR
2018 Client Briefing GDPR
Carsted Rosenberg Advokatfirma
 

What's hot (20)

"If we're leaving the EU, does GDPR even matter?" And other FAQs
"If we're leaving the EU, does GDPR even matter?" And other FAQs"If we're leaving the EU, does GDPR even matter?" And other FAQs
"If we're leaving the EU, does GDPR even matter?" And other FAQs
 
DPA and GDPR
DPA and GDPRDPA and GDPR
DPA and GDPR
 
An Overview Of GDPR (General Data Protection Regulation)
An Overview Of GDPR (General Data Protection Regulation)An Overview Of GDPR (General Data Protection Regulation)
An Overview Of GDPR (General Data Protection Regulation)
 
GDPR
GDPRGDPR
GDPR
 
Data Protection Reform: What Businesses Need to know About GDPR and its Impac...
Data Protection Reform: What Businesses Need to know About GDPR and its Impac...Data Protection Reform: What Businesses Need to know About GDPR and its Impac...
Data Protection Reform: What Businesses Need to know About GDPR and its Impac...
 
UK GDPR: What New Direction?
UK GDPR:  What New Direction?UK GDPR:  What New Direction?
UK GDPR: What New Direction?
 
Disclosure, Exposure and the "Right to be Forgotten" After Google Spain
Disclosure, Exposure and the "Right to be Forgotten" After Google SpainDisclosure, Exposure and the "Right to be Forgotten" After Google Spain
Disclosure, Exposure and the "Right to be Forgotten" After Google Spain
 
Employee Training is Key to GDPR Compliance: GDPR
Employee Training is Key to GDPR Compliance:  GDPREmployee Training is Key to GDPR Compliance:  GDPR
Employee Training is Key to GDPR Compliance: GDPR
 
The Countdown to the GDPR Regulations
The Countdown to the GDPR RegulationsThe Countdown to the GDPR Regulations
The Countdown to the GDPR Regulations
 
Gdpr the imo guide draft 2
Gdpr   the imo guide draft 2Gdpr   the imo guide draft 2
Gdpr the imo guide draft 2
 
Imo's common sense guide to GDPR
Imo's common sense guide to GDPRImo's common sense guide to GDPR
Imo's common sense guide to GDPR
 
General Data Protection Regulation for Ops
General Data Protection Regulation for OpsGeneral Data Protection Regulation for Ops
General Data Protection Regulation for Ops
 
The GDPR, Brexit, the UK and adequacy
The GDPR, Brexit, the UK and adequacyThe GDPR, Brexit, the UK and adequacy
The GDPR, Brexit, the UK and adequacy
 
How will GDPR affect small businesses?
How will GDPR affect small businesses?How will GDPR affect small businesses?
How will GDPR affect small businesses?
 
An Overview of GDPR
An Overview of GDPR An Overview of GDPR
An Overview of GDPR
 
General data protection regulation gdpr audit 2018
General data protection regulation gdpr audit 2018General data protection regulation gdpr audit 2018
General data protection regulation gdpr audit 2018
 
Privacy Year In Preview
Privacy Year In PreviewPrivacy Year In Preview
Privacy Year In Preview
 
GDPR: the legal aspects. By Matthias of theJurists Europe.
GDPR: the legal aspects. By Matthias of theJurists Europe.GDPR: the legal aspects. By Matthias of theJurists Europe.
GDPR: the legal aspects. By Matthias of theJurists Europe.
 
GDPR- Get the facts and prepare your business
GDPR- Get the facts and prepare your businessGDPR- Get the facts and prepare your business
GDPR- Get the facts and prepare your business
 
2018 Client Briefing GDPR
2018 Client Briefing GDPR2018 Client Briefing GDPR
2018 Client Briefing GDPR
 

Similar to GDPR Explained - A Quick Guide for US Businesses

The Essential Guide to GDPR
The Essential Guide to GDPRThe Essential Guide to GDPR
The Essential Guide to GDPR
Tim Hyman LLB
 
The Essential Guide to GDPR
The Essential Guide to GDPRThe Essential Guide to GDPR
The Essential Guide to GDPR
Tim Hyman LLB
 
GDPR, what you need to know and how to prepare for it e book
GDPR, what you need to know and how to prepare for it e bookGDPR, what you need to know and how to prepare for it e book
GDPR, what you need to know and how to prepare for it e book
Plr-Printables
 
GDPR - Are you ready?
GDPR - Are you ready?GDPR - Are you ready?
GDPR - Are you ready?
VILT
 
GDPR: Keep Your Website Out of Legal Trouble
GDPR: Keep Your Website Out of Legal TroubleGDPR: Keep Your Website Out of Legal Trouble
GDPR: Keep Your Website Out of Legal Trouble
Mickey Mellen
 
A Brave New World Of Data Protection. Ready? Counting down to GDPR.
A Brave New World Of Data Protection. Ready? Counting down to GDPR. A Brave New World Of Data Protection. Ready? Counting down to GDPR.
A Brave New World Of Data Protection. Ready? Counting down to GDPR.
dan hyde
 
Practical Guide to GDPR 2017
Practical Guide to GDPR 2017Practical Guide to GDPR 2017
Practical Guide to GDPR 2017
Dryden Geary
 
Marketing data management | The new way to think about your data
Marketing data management | The new way to think about your dataMarketing data management | The new way to think about your data
Marketing data management | The new way to think about your data
Laurence
 
GDPR A Practical Guide with Varonis
GDPR A Practical Guide with VaronisGDPR A Practical Guide with Varonis
GDPR A Practical Guide with Varonis
Angad Dayal
 
Cognizant business consulting the impacts of gdpr
Cognizant business consulting   the impacts of gdprCognizant business consulting   the impacts of gdpr
Cognizant business consulting the impacts of gdpr
audrey miguel
 
GDPR - heads up!
GDPR - heads up!GDPR - heads up!
GDPR - heads up!
Joe Mbaya
 
Horner Downey & Co Newsletter- GDPR
Horner Downey & Co Newsletter- GDPRHorner Downey & Co Newsletter- GDPR
Horner Downey & Co Newsletter- GDPR
Jenny Ferguson
 
Why is gdpr essential for small businesses with links
Why is gdpr essential for small businesses with linksWhy is gdpr essential for small businesses with links
Why is gdpr essential for small businesses with links
VISTA InfoSec
 
Beginning your General Data Protection Regulation (GDPR) Journey
Beginning your General Data Protection Regulation (GDPR) JourneyBeginning your General Data Protection Regulation (GDPR) Journey
Beginning your General Data Protection Regulation (GDPR) Journey
Microsoft Österreich
 
Data protection
Data protectionData protection
Data protection
RaviPrashant5
 
GDPR - A practical guide
GDPR - A practical guideGDPR - A practical guide
GDPR - A practical guide
Angad Dayal
 
How to get your business GDPR ready
How to get your business GDPR readyHow to get your business GDPR ready
How to get your business GDPR ready
Premier EPOS
 
GDPR & You, Claus Mortensen, Ecosystm
GDPR & You, Claus Mortensen, EcosystmGDPR & You, Claus Mortensen, Ecosystm
GDPR & You, Claus Mortensen, Ecosystm
Chris White
 
General Data Protection Regulations (GDPR) & Impact on Your Business
General Data Protection Regulations (GDPR) & Impact on Your Business General Data Protection Regulations (GDPR) & Impact on Your Business
General Data Protection Regulations (GDPR) & Impact on Your Business
EquiCorp Associates
 
Annual-Report-on-Privacy-Fines-2022.pdf
Annual-Report-on-Privacy-Fines-2022.pdfAnnual-Report-on-Privacy-Fines-2022.pdf
Annual-Report-on-Privacy-Fines-2022.pdf
DaviesParker
 

Similar to GDPR Explained - A Quick Guide for US Businesses (20)

The Essential Guide to GDPR
The Essential Guide to GDPRThe Essential Guide to GDPR
The Essential Guide to GDPR
 
The Essential Guide to GDPR
The Essential Guide to GDPRThe Essential Guide to GDPR
The Essential Guide to GDPR
 
GDPR, what you need to know and how to prepare for it e book
GDPR, what you need to know and how to prepare for it e bookGDPR, what you need to know and how to prepare for it e book
GDPR, what you need to know and how to prepare for it e book
 
GDPR - Are you ready?
GDPR - Are you ready?GDPR - Are you ready?
GDPR - Are you ready?
 
GDPR: Keep Your Website Out of Legal Trouble
GDPR: Keep Your Website Out of Legal TroubleGDPR: Keep Your Website Out of Legal Trouble
GDPR: Keep Your Website Out of Legal Trouble
 
A Brave New World Of Data Protection. Ready? Counting down to GDPR.
A Brave New World Of Data Protection. Ready? Counting down to GDPR. A Brave New World Of Data Protection. Ready? Counting down to GDPR.
A Brave New World Of Data Protection. Ready? Counting down to GDPR.
 
Practical Guide to GDPR 2017
Practical Guide to GDPR 2017Practical Guide to GDPR 2017
Practical Guide to GDPR 2017
 
Marketing data management | The new way to think about your data
Marketing data management | The new way to think about your dataMarketing data management | The new way to think about your data
Marketing data management | The new way to think about your data
 
GDPR A Practical Guide with Varonis
GDPR A Practical Guide with VaronisGDPR A Practical Guide with Varonis
GDPR A Practical Guide with Varonis
 
Cognizant business consulting the impacts of gdpr
Cognizant business consulting   the impacts of gdprCognizant business consulting   the impacts of gdpr
Cognizant business consulting the impacts of gdpr
 
GDPR - heads up!
GDPR - heads up!GDPR - heads up!
GDPR - heads up!
 
Horner Downey & Co Newsletter- GDPR
Horner Downey & Co Newsletter- GDPRHorner Downey & Co Newsletter- GDPR
Horner Downey & Co Newsletter- GDPR
 
Why is gdpr essential for small businesses with links
Why is gdpr essential for small businesses with linksWhy is gdpr essential for small businesses with links
Why is gdpr essential for small businesses with links
 
Beginning your General Data Protection Regulation (GDPR) Journey
Beginning your General Data Protection Regulation (GDPR) JourneyBeginning your General Data Protection Regulation (GDPR) Journey
Beginning your General Data Protection Regulation (GDPR) Journey
 
Data protection
Data protectionData protection
Data protection
 
GDPR - A practical guide
GDPR - A practical guideGDPR - A practical guide
GDPR - A practical guide
 
How to get your business GDPR ready
How to get your business GDPR readyHow to get your business GDPR ready
How to get your business GDPR ready
 
GDPR & You, Claus Mortensen, Ecosystm
GDPR & You, Claus Mortensen, EcosystmGDPR & You, Claus Mortensen, Ecosystm
GDPR & You, Claus Mortensen, Ecosystm
 
General Data Protection Regulations (GDPR) & Impact on Your Business
General Data Protection Regulations (GDPR) & Impact on Your Business General Data Protection Regulations (GDPR) & Impact on Your Business
General Data Protection Regulations (GDPR) & Impact on Your Business
 
Annual-Report-on-Privacy-Fines-2022.pdf
Annual-Report-on-Privacy-Fines-2022.pdfAnnual-Report-on-Privacy-Fines-2022.pdf
Annual-Report-on-Privacy-Fines-2022.pdf
 

Recently uploaded

Responsibilities of the office bearers while registering multi-state cooperat...
Responsibilities of the office bearers while registering multi-state cooperat...Responsibilities of the office bearers while registering multi-state cooperat...
Responsibilities of the office bearers while registering multi-state cooperat...
Finlaw Consultancy Pvt Ltd
 
new victimology of indonesian law. Pptx.
new victimology of indonesian law. Pptx.new victimology of indonesian law. Pptx.
new victimology of indonesian law. Pptx.
niputusriwidiasih
 
Understanding about ITR-1 and Documentation
Understanding about ITR-1 and DocumentationUnderstanding about ITR-1 and Documentation
Understanding about ITR-1 and Documentation
CAAJAYKUMAR4
 
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordina...
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordina...Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordina...
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordina...
Syed Muhammad Humza Hussain
 
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdfXYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
bhavenpr
 
EMPLOYMENT LAW AN OVERVIEW in Malawi.pptx
EMPLOYMENT LAW  AN OVERVIEW in Malawi.pptxEMPLOYMENT LAW  AN OVERVIEW in Malawi.pptx
EMPLOYMENT LAW AN OVERVIEW in Malawi.pptx
MwaiMapemba
 
Roles of a Bankruptcy Lawyer John Cavitt
Roles of a Bankruptcy Lawyer John CavittRoles of a Bankruptcy Lawyer John Cavitt
Roles of a Bankruptcy Lawyer John Cavitt
johncavitthouston
 
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptx
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxNATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptx
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptx
anvithaav
 
ALL EYES ON RAFAH BUT WHY Explain more.pdf
ALL EYES ON RAFAH BUT WHY Explain more.pdfALL EYES ON RAFAH BUT WHY Explain more.pdf
ALL EYES ON RAFAH BUT WHY Explain more.pdf
46adnanshahzad
 
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
9ib5wiwt
 
Abdul Hakim Shabazz Deposition Hearing in Federal Court
Abdul Hakim Shabazz Deposition Hearing in Federal CourtAbdul Hakim Shabazz Deposition Hearing in Federal Court
Abdul Hakim Shabazz Deposition Hearing in Federal Court
Gabe Whitley
 
ADR in criminal proceeding in Bangladesh with global perspective.
ADR in criminal proceeding in Bangladesh with global perspective.ADR in criminal proceeding in Bangladesh with global perspective.
ADR in criminal proceeding in Bangladesh with global perspective.
Daffodil International University
 
Car Accident Injury Do I Have a Case....
Car Accident Injury Do I Have a Case....Car Accident Injury Do I Have a Case....
Car Accident Injury Do I Have a Case....
Knowyourright
 
Secure Your Brand: File a Trademark Today
Secure Your Brand: File a Trademark TodaySecure Your Brand: File a Trademark Today
Secure Your Brand: File a Trademark Today
Trademark Quick
 
Bharatiya Nagarik Suraksha Sanhita power.pptx
Bharatiya Nagarik Suraksha Sanhita power.pptxBharatiya Nagarik Suraksha Sanhita power.pptx
Bharatiya Nagarik Suraksha Sanhita power.pptx
ShivkumarIyer18
 
怎么购买(massey毕业证书)新西兰梅西大学毕业证学位证书注册证明信原版一模一样
怎么购买(massey毕业证书)新西兰梅西大学毕业证学位证书注册证明信原版一模一样怎么购买(massey毕业证书)新西兰梅西大学毕业证学位证书注册证明信原版一模一样
怎么购买(massey毕业证书)新西兰梅西大学毕业证学位证书注册证明信原版一模一样
9ib5wiwt
 
Debt Mapping Camp bebas riba to know how much our debt
Debt Mapping Camp bebas riba to know how much our debtDebt Mapping Camp bebas riba to know how much our debt
Debt Mapping Camp bebas riba to know how much our debt
ssuser0576e4
 
Donald_J_Trump_katigoritirio_stormi_daniels.pdf
Donald_J_Trump_katigoritirio_stormi_daniels.pdfDonald_J_Trump_katigoritirio_stormi_daniels.pdf
Donald_J_Trump_katigoritirio_stormi_daniels.pdf
ssuser5750e1
 
Business and Corporate Case Update (2024)
Business and Corporate Case Update (2024)Business and Corporate Case Update (2024)
Business and Corporate Case Update (2024)
Wendy Couture
 
Ease of Paying Tax Law Republic Act 11976
Ease of Paying Tax Law Republic Act 11976Ease of Paying Tax Law Republic Act 11976
Ease of Paying Tax Law Republic Act 11976
PelayoGilbert
 

Recently uploaded (20)

Responsibilities of the office bearers while registering multi-state cooperat...
Responsibilities of the office bearers while registering multi-state cooperat...Responsibilities of the office bearers while registering multi-state cooperat...
Responsibilities of the office bearers while registering multi-state cooperat...
 
new victimology of indonesian law. Pptx.
new victimology of indonesian law. Pptx.new victimology of indonesian law. Pptx.
new victimology of indonesian law. Pptx.
 
Understanding about ITR-1 and Documentation
Understanding about ITR-1 and DocumentationUnderstanding about ITR-1 and Documentation
Understanding about ITR-1 and Documentation
 
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordina...
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordina...Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordina...
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordina...
 
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdfXYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
 
EMPLOYMENT LAW AN OVERVIEW in Malawi.pptx
EMPLOYMENT LAW  AN OVERVIEW in Malawi.pptxEMPLOYMENT LAW  AN OVERVIEW in Malawi.pptx
EMPLOYMENT LAW AN OVERVIEW in Malawi.pptx
 
Roles of a Bankruptcy Lawyer John Cavitt
Roles of a Bankruptcy Lawyer John CavittRoles of a Bankruptcy Lawyer John Cavitt
Roles of a Bankruptcy Lawyer John Cavitt
 
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptx
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxNATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptx
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptx
 
ALL EYES ON RAFAH BUT WHY Explain more.pdf
ALL EYES ON RAFAH BUT WHY Explain more.pdfALL EYES ON RAFAH BUT WHY Explain more.pdf
ALL EYES ON RAFAH BUT WHY Explain more.pdf
 
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
 
Abdul Hakim Shabazz Deposition Hearing in Federal Court
Abdul Hakim Shabazz Deposition Hearing in Federal CourtAbdul Hakim Shabazz Deposition Hearing in Federal Court
Abdul Hakim Shabazz Deposition Hearing in Federal Court
 
ADR in criminal proceeding in Bangladesh with global perspective.
ADR in criminal proceeding in Bangladesh with global perspective.ADR in criminal proceeding in Bangladesh with global perspective.
ADR in criminal proceeding in Bangladesh with global perspective.
 
Car Accident Injury Do I Have a Case....
Car Accident Injury Do I Have a Case....Car Accident Injury Do I Have a Case....
Car Accident Injury Do I Have a Case....
 
Secure Your Brand: File a Trademark Today
Secure Your Brand: File a Trademark TodaySecure Your Brand: File a Trademark Today
Secure Your Brand: File a Trademark Today
 
Bharatiya Nagarik Suraksha Sanhita power.pptx
Bharatiya Nagarik Suraksha Sanhita power.pptxBharatiya Nagarik Suraksha Sanhita power.pptx
Bharatiya Nagarik Suraksha Sanhita power.pptx
 
怎么购买(massey毕业证书)新西兰梅西大学毕业证学位证书注册证明信原版一模一样
怎么购买(massey毕业证书)新西兰梅西大学毕业证学位证书注册证明信原版一模一样怎么购买(massey毕业证书)新西兰梅西大学毕业证学位证书注册证明信原版一模一样
怎么购买(massey毕业证书)新西兰梅西大学毕业证学位证书注册证明信原版一模一样
 
Debt Mapping Camp bebas riba to know how much our debt
Debt Mapping Camp bebas riba to know how much our debtDebt Mapping Camp bebas riba to know how much our debt
Debt Mapping Camp bebas riba to know how much our debt
 
Donald_J_Trump_katigoritirio_stormi_daniels.pdf
Donald_J_Trump_katigoritirio_stormi_daniels.pdfDonald_J_Trump_katigoritirio_stormi_daniels.pdf
Donald_J_Trump_katigoritirio_stormi_daniels.pdf
 
Business and Corporate Case Update (2024)
Business and Corporate Case Update (2024)Business and Corporate Case Update (2024)
Business and Corporate Case Update (2024)
 
Ease of Paying Tax Law Republic Act 11976
Ease of Paying Tax Law Republic Act 11976Ease of Paying Tax Law Republic Act 11976
Ease of Paying Tax Law Republic Act 11976
 

GDPR Explained - A Quick Guide for US Businesses

  • 1. This article does not constitute legal advice and is intended for informational purposes only. A Quick Guide for U.S.> Businesses
  • 2. This article does not constitute legal advice and is intended for informational purposes only. The General Data Protection Regulation (“GDPR”) is a legal framework that sets new standards for the collection, storage, and processing of personal data of citizens of the European Union (“EU”). Enacted in May 2018, GDPR has had far-reaching implications for how companies handle consumer privacy. GDPR applies to a broad array of personal data, including a person’s name, email address, and phone number, but also less obvious information such as customer IDs and IP addresses. The purpose of GDPR is to give EU citizens the right to access and control their personal data and it is intended to protect EU citizens from privacy and data breaches.
  • 3. This article does not constitute legal advice and is intended for informational purposes only. Although the GDPR mainly affects those living within the European Union (EU), businesses do not have to be based in the EU to be bound by the GDPR. GDPR applies to U.S. companies that provide goods or services to EU citizens or monitor their behavior (for instance, by using cookies or similar tracking technologies). Thus, if you collect personal data or behavioral information from an individual in an EU country – whether that individual is a customer or your own employee, then your company is subject to the requirements of the GDPR.
  • 4. This article does not constitute legal advice and is intended for informational purposes only. It is important that U.S. businesses determine whether the GDPR applies to them in order to ensure compliance with GDPR. This is because the penalties for failing to comply with the GDPR can be severe. Companies found to violate the GDPR can face eye-watering fines. The maximum fine for a violation is 20 million euros or 4% of a company’s annual global revenue from the prior year, whichever is higher.
  • 5. This article does not constitute legal advice and is intended for informational purposes only.
  • 6. This article does not constitute legal advice and is intended for informational purposes only. By inventorying and mapping your data holdings you will develop a solid understanding of the array of personal data you are responsible for safeguarding. Updating your privacy notices to comply with the GDPR’s enhanced transparency requirements will force you to review your public-facing privacy policies and other online notices to ensure they are up-to-date and accurate. Benchmarking your existing policies to the GDPR will help you identify gaps and inconsistencies in your current approach. Although cumbersome, launching a GDPR compliance effort will help get your company’s privacy and security affairs in order.
  • 7. This article does not constitute legal advice and is intended for informational purposes only. GDPR provides exceptions to many of the most burdensome provisions of the regulation when steps are taken to de-identify personal data. For instance, companies may not be required to provide breach notification to individuals if the data that was compromised had been properly anonymized. By using anonymization or pseudonymization techniques companies can also give themselves more flexibility in how they process data. Anonymization and pseudonymization can significantly reduce GDPR compliance burdens
  • 8. This article does not constitute legal advice and is intended for informational purposes only. In addition to EU regulators, individuals have a “right to an effective judicial remedy,” including monetary damages, for violations of the GDPR. This right can be exercised by nonprofit organizations on individuals’ behalf. Thus, US businesses should be aware that privacy and consumer organizations are likely on the lookout for indications of basic failures to comply with the GDPR. Preparation is key to avoiding becoming an early target for one of these class-action style forms of litigation. This is particularly important because given that courts will be considering many of these issues for the first time, early judicial outcomes are hard to predict. Nonprofits can enforce the GDPR on behalf of consumers and have greater resources to fund a legal action than individuals do.
  • 9. This article does not constitute legal advice and is intended for informational purposes only. Companies should be careful to not mistakenly assume that if they comply with the GDPR, they have met all of their privacy and security obligations across the globe. Implementing a GDPR compliance strategy will undoubtedly help with any privacy and security program, but different jurisdictions have different laws and requirements can vary in substantial ways. It is important to always carefully review the relevant laws and regulations and to be prepared for future developments in the privacy landscape. While the GDPR is an important privacy law, it is not the only one.
  • 10. DISCLAIMER This article does not constitute legal advice and is intended for informational purposes only. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use of and access to these materials, the CGL website or any of the links contained within the site do not create an attorney-client relationship between CGL and the user or browser. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.