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