TÜV Rheinland Blog - Insights from Asia and Africa

What You Should Know About the GDPR - In A Nutshell

Posted by TUV Rheinland on Jul 12, 2018 6:07:26 PM
TUV Rheinland

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Enforced as of May 25 2018, wireless device manufacturers that plan to sell in the European market must comply with the GDPR’s tight regulations for keeping personal data private and protected if their products process such data. Failure to comply with the regulation results in major financial penalties. Companies could face fines up to €20 million or 4% of its annual turnover.

Even though the GDPR is based out of Europe, it should be seen as a global data privacy regulation that impacts organisations worldwide. Is your company ready?

 

What Are The Key Points of GDPR?

International Relevance

Valid for all products & services offered in the EU, regardless of where data is processed.

Data Processing

Allowed only under specific conditions including consent.

Obligations to Provide Information

All information must be provided in a clear, concise, and easy to understand format.

Data Portability

Requires that persons can move, copy, or transfer personal data safely.

Duty to Erase

Personal data must be erased when requested without undue delay.

Security of Processing

Controller & processor must ensure a level of security appropriate to risk.

Privacy by Design & Privacy by Default

Measures must be implemented during design & development to support GDPR concepts such as data minimisation.

Certification

The regulation provides for the creation of data protection certifications.

 

For more information the EU General Data Protection Regulation and how it relates to smart homes and cybersecurity, speak with our experts:

 Contact us now

Topics: GDPR