GDPR – What is it?
The EU General Data Protection Regulation (GDPR) is the most important change in data privacy regulation in 20 years. The GDPR aims primarily to give control back to European citizens and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU.
Who is it for?
Every company (not only European) managing Personal Data from European citizen are concerned with the new regulations. The European Commission introduces also the concept of co-responsibility between data controller (your company) and data processors (Salesforce for instance).
When do you need to comply?
May 25, 2018 ! Potential fine for non compliance would be 20M € or up to 4% of the annual worldwide revenue of your organization.
What Salesforce is Doing
Salesforce welcomes the GDPR as an important step forward in streamlining data protection requirements across the EU and as an opportunity for Salesforce to deepen its commitment to data protection. Similar to existing legal requirements, compliance with the GDPR requires a partnership between Salesforce and customers in their use of Salesforce services. Salesforce will comply with the GDPR in the delivery of its service to their customers. Salesforce is also dedicated to helping its customers comply with the GDPR. They have closely analyzed the requirements of the GDPR and are working to make enhancements to their products, contracts, and documentation to help support Salesforce’s and customers’ compliance with the GDPR.