{"id":4581,"date":"2018-01-21T23:03:26","date_gmt":"2018-01-21T23:03:26","guid":{"rendered":"http:\/\/www.abrahamsconsulting.com\/blog\/?p=4581"},"modified":"2018-02-02T10:10:21","modified_gmt":"2018-02-02T10:10:21","slug":"gdrp-only-for-eu-not-so-consider-this","status":"publish","type":"post","link":"https:\/\/www.abrahamsconsulting.com\/blog\/gdrp-only-for-eu-not-so-consider-this\/","title":{"rendered":"GDRP only for EU? Not So. Consider This."},"content":{"rendered":"
What is GDRP or General Data Regulation Protection?\"General<\/a><\/pre>\n
When asked for a\u00a0 password for an account that you are about to create, what do you immediately think of?<\/p>\n
Your house address? Your date of birth? \u00a0Your son’s birthday?<\/p>\n
Did I get it correctly?<\/p>\n
Of course!<\/p>\n
Oh, and lose that\u00a0 sheepish grin.<\/p>\n
Me too.<\/p>\n
I am guilty too.<\/p>\n
And you know something else?<\/p>\n
We are not alone.<\/p>\n
According to Forrester<\/a> (an independent research firm), nearly 30% of security professionals still use basic personal information to reference\u00a0 passwords.<\/p>\n
It’s as if\u00a0 personal information has become the ultimate vault.<\/p>\n
So most of your clients and the people with whom you do business also default to their personal information when asked to create a password.<\/p>\n
But,<\/p>\n
GDRP compliance\u00a0 aims to protect your basic yet critical information.<\/h5>\n
You<\/em> will become the\u00a0priority.<\/p>\n
It feels good, doesn’t it?<\/p>\n
The idea that someone’s got your back?<\/p>\n
Yeah, I like the feeling too.<\/p>\n
The EU General Data Protection<\/strong>\u00a0Regulation (GDPR)<\/strong> proposed by the European Commission\u00a0 will\u00a0 take effect this year.<\/p>\n
This new regulation aims to unify data protection for all data owners within the European Union. It will not only affect businesses in the European countries, but US companies who are doing business with EU citizens as well.<\/p>\n
If you are a global enterprise, May 25, 2018\u00a0 is the deadline to comply.<\/p>\n
I hate that word.<\/p>\n
‘What word?’<\/em><\/p>\n
‘Comply.’<\/em><\/strong><\/p>\n
It sounds like sub-ordination.<\/p>\n
But comply you must.<\/p>\n
Or,<\/p>\n
Pay the Piper…<\/p>\n
And this piper demands 4% of your annual global income or up to 4 million Euros, whichever is greater.<\/p>\n
You can learn the steps to be GDPR ready here<\/a>.<\/p>\n
The new regulation is expected to change the way business enterprises around the globe handle customer data.<\/p>\n
Its primary focus will be on personal and critical information which include but will not be limited to:<\/p>\n