The GDPR is a European regulation which affects every company operating within the European Union. It lays out strict rules and regulations as to what data can be collected from customers and how it can be used, and is among the strictest in the world. Failure to abide by these rules can lead to heavy penalties and fines. While the GDPR is there for consumer benefit, it can often be complex and overwhelming for a business to abide by all the rules and regulations set upon them.
The GDPR can sometimes be complex and strict, that even big tech giants have been found afoul of its regulations. Amazon, product selling tech giant, found itself handed with a staggering $746 million fine for breaching the GDPR!
Digital messaging and social media platform WhatsApp was slammed with a $255 million fine by Ireland for failing to disclose further information in its privacy notice.
As you can tell, the GDPR does not mess around when it comes to user privacy and data handling. This has been proven time and time again with the GDPR being invoked for small and considerably trivial issues, resulting in colossal fines for tech giants.
For any business owner starting out in Europe or expanding to the region, this can be daunting.
How are you able to follow every rule and regulation set out by the GDPR?
Measured Collective is a consultancy business which sets out to train businesses and their respective employees in the rules and regulations of the GDPR and how to ensure you abide by every single one of them.
It offers a number of courses to aspiring businesses such as the ‘GDPR Essentials Course’ which sets out everything you would need to know to operate within Europe and the confines of the GDPR. There is even the ‘GDPR Refresher Course’, designed to help businesses keep up to date with the latest developments and changes to the GDPR, to ensure they remain compliant.
For any business owner looking to start up in Europe, or for those looking to expand their operations to this part of the world, the GDPR remains as a serious regulatory body that must be considered. Through the use of services from Measured Collective, your business can operate smoothly and without risk of breaching the GDPR and being handed significant penalties.