The General Data Protection Regulation (GDPR) is a set of regulations introduced by the European Union (EU) in 2018 to protect personal data of its citizens. Despite being in effect for a few years now, there are still many myths surrounding the GDPR. In this blog post, we will dispel five of the most common GDPR myths.
This is one of the biggest misconceptions about GDPR. In reality, the GDPR applies to any company that processes the personal data of EU citizens, regardless of the company’s location.
Another common myth is that only large corporations need to worry about GDPR compliance. However, this is not the case. GDPR applies to all companies that process personal data, regardless of size. Small and medium-sized enterprises are just as obligated to comply with the regulations as larger corporations.
While obtaining explicit consent is one way to comply with GDPR, it is not the only way. In fact, there are several other legal grounds for processing personal data under GDPR, such as legitimate interest or the performance of a contract. However, obtaining explicit consent is still a good practice, especially when the data processing involves sensitive information.
Another common myth is that GDPR imposes heavy fines for every violation. While it is true that GDPR provides for significant fines for serious breaches, it is important to understand that these fines are not automatically imposed for every violation. The severity of the fine depends on the nature of the breach and the measures taken by the company to prevent it. The goal of GDPR is to encourage companies to take data protection seriously, not to impose excessive fines.
Finally, some people believe that complying with GDPR is a one-time effort and that once the necessary measures are in place, they can forget about it. This is not true. Data protection is an ongoing process and companies must continuously review and update their practices to ensure they remain in compliance with GDPR.
In conclusion, these are just a few of the most common GDPR myths. Understanding the truth behind these myths is crucial to ensuring that your company is in compliance with GDPR and protecting the personal data of EU citizens.