GDPR – What it Means for Businesses? – Infographic

GDPR stands for General Data Protection Regulation. On May 25th, 2018, a new law passed for companies that were more into the collection and processing of personal data. The law GDPR is actually a European Union law, but it will have far-reaching effects across the European boundaries. Even the US-based companies will have to comply with the new regulation when doing business within the EU. Moreover, not the only US, any business where data processing is associated with the offerings of goods and services to EU- based people will have to adhere to this law.

This law is introduced to reshape the earlier EU Data Protection Directive, which was only applicable to those entities which process personal data within the EU. But now GDPR is applied to any company that uses data to offer goods and services or uses data to track online behavior within the EU, irrespective of its location.

Thus, in this infographic we’ve outlined what GDPR is, what does it mean for businesses along with its guidelines and what will be the impact of it