The EU had today agreed new data protection rules. Read on to find out what that means for you...Posted on 14 April 2016 - Law
The European Parliament today gave final approval to new data protection rules. A vote by MEPs passed the first reform of data protection protocol since the current rules were put in place in 1995.
Citizens are set to gain more control over how their private information is used in the digital era as a result of the new rules. Among the key provision are:
So, in future companies and organisations will by legally bound to tell you if they have been hacked and your data might have been exposed. They will have to inform you within 72 hours of the hack taking place. This, coupled with the promise of heavy fines, is clearly aimed at ending a culture in which some companies have hushed up data breaches in order to avoid embarrassment and PR disaster. The onus will increasingly be on those holding data to tighten up security and improve monitoring.
The new rules will also create a single law on data protection across the EU, something the European Parliament claims will make life easier for businesses to ensure they are compliant with the regulations.
Jan Philipp Albrecht MEP said: "The general data protection regulation makes a high, uniform level of data protection throughout the EU a reality. This is a great success for the European Parliament and a fierce European 'yes' to strong consumer rights and competition in the digital age. Citizens will be able to decide for themselves which personal information they want to share.
"The regulation will also create clarity for businesses by establishing a single law across the EU. The new law creates confidence, legal certainty and fairer competition."