Insights

How Has GDPR Impacted People and Companies so Far?

Posted by Reed Flesher

The GDPR, effective May 2018, is the most significant piece of European Data protection legislation to be introduced in 20 years. Passed by the EU Parliament in April 2016, the General Data Protection Regulation (GDPR) is an updated data privacy regulation, passed to strengthen data privacy laws across the European Union (EU), bring a greater degree of transparency to data privacy and personal information storage through explicit consent, and empower EU citizens with the ability to access their personal data being held by organizations and opt-out if desired.

Under GDPR, EU residents have extensive new rights when it comes to their personal data, and that starts with the definition of personal data itself. Under GDPR, personal data includes, “any information related to a natural person or ‘Data Subject’, that can be used to directly or indirectly identify the person.”

This data could include detailed information such as bank details, medical information, or a computer IP address. But it also includes information that’s easily accessible, like an individual’s name, photo, email address, or even a status update on a social network.

Thrive has actively prepared for the impact of GDPR, with features planned to provide you with a greater degree of control over the data that you store online and ways in which you can manage and track consent. Find out more in the following article: Data Privacy Laws and How They Might Affect You