Do you control or process personal data of an EU citizen?
Then it DOES NOT MATTER where your company is physically located. You MUST comply.
You risk a huge penalty if you do not comply!
Under GDPR organizations in breach of GDPR can be fined up to 4% of annual global turnover or €20 Million (whichever is greater).
This is the most important change in data privacy in 20 years.
IS YOUR IBM I (AS/400) SYSTEM READY FOR THIS?
iAGE Solutions developed an anonymisation (pseudonymisation) GDPR solution on IBM i (AS/400)
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LEARN MORE ABOUT OUR GDRP ANONYMISATION SOLUTION
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GDPR will set a new global standard for privacy rights, security and compliance.
The aim of the GDPR is to protect the privacy of all EU citizens. We live in an increasingly data-driven world. The privacy directive from 1995 had to be changed.
GDPR applies to all companies processing the personal data of data subjects residing in the Union, regardless of the company’s location.
GDPR extends the scope of the EU data protection law to all foreign companies processing data of EU residents.
What does it exactly mean to your business?
The GDPR will also apply to the processing of personal data of data subjects in the EU by a controller or processor not established in the EU, where the activities relate to: offering goods or services to EU citizens (irrespective of whether payment is required) and the monitoring of behaviour that takes place within the EU. Non-Eu businesses processing the data of EU citizens will also have to appoint a representative in the EU.