Recent concerns about consumer data privacy and protection have led to the implementation of new, strict regulations across all commercial sectors. This is especially true for sectors that manage international business.
General Data Protection Regulation (GDPR) is one of many new resolutions intended to protect consumers by requiring new data protection policies by advertisers and businesses.
If you’re not sure what the GDPR means for your brand or business, read on. We’ll break down everything you need to know about this set of regulatory guidelines in detail.
The GDPR is a law adopted by the European Parliament in April 2016 that officially came into effect on May 25, 2018.
In a nutshell, the GDPR outlines several objectives, definitions, and fundamental principles associated with consumer data protection and privacy rights. These include penalties for corporations and advertisers that refuse to abide by those principles.
More simply, the GDPR is a set of rules and regulations that advertisers and businesses must adhere to if they want to collect and use consumer data in the EU. The GDPR doesn't apply to brands that collect data elsewhere. However, since many online businesses collect data internationally, it has had wide-reaching ramifications throughout the worldwide economy.
The goal of the GDPR is to protect the data rights and freedoms of individuals. This requires corporations and marketers to adopt new strategies and methodologies.
More specifically, the GDPR is a data protection directive that protects European Union citizens and member states from personal data breaches and other data security issues through non-compliance or data erasure.
The GDPR data protection law is primarily organized around seven fundamental founding principles to protect people in EU member states and beyond. These are:
Many of these principles have been copied or adapted by similar data privacy laws outside of Europe, like the California Consumer Privacy Act (CCPA).
The GDPR’s security measures were passed primarily because of increasing concerns regarding consumer data protection and information security.
News of major personal data leaks from big brands caused many consumers to become worried about what would happen to their data if they gave it to companies without adequate digital defenses. Furthermore, many consumers have gradually become more concerned about how organizations collect, store, and use their data.
The GDPR was passed to alleviate these concerns and outline a set of ethical and legal protection measures for corporations to follow regarding the collection and usage of sensitive data, such as birthdays, IP addresses, email addresses, and browsing habits.
The GDPR rules apply to any corporation or marketing agency, ranging from individuals to large businesses, that collect, store, or use data from EU citizens.
“Data” in this sense means:
Basically, if you collect data for the purposes of doing business in the EU or with EU citizens, the GDPR applies to you and your team. So, it’s important to understand the GDPR in-depth.
As a marketer, marketing firm, or business owner, there are a few key concepts in the GDPR that you need to grasp fully.
Article 25 of the GDPR means data controllers must implement data protection methodologies from the outset of a project. This ensures that data protection principles are embedded into activities immediately.
In other words, your brand must collect data safely right from the start, as well as implement data protection methods immediately, not after you've already collected a significant amount of customer or consumer data.
All data controllers must conduct DIPA or Data Protection Impact Assessments before conducting any data processing activities that:
Furthermore, all data processors and controllers must designate at least one DPO or Data Protection Officer.
The DPO has a variety of activities, including:
This individual is effectively outside the control of the company in question. Data processors and controllers can’t instruct the DPO, nor can they penalize or dismiss the DPO for performing their tasks as directed.
Perhaps most importantly, the GDPR outlines several legal bases for processing personal data. For an organization to legally collect or process personal data, the data has to qualify along at least one of the below bases:
Article 30 of the GDPR states that data controllers must keep ongoing records of all data processing activities. The records have to be kept in an electronic format, not just hard copies, and have to include the information outlined in Article 30(1) of the GDPR.
It’s important for advertisers of all stripes to keep abreast of the GDPR and its regulations, especially if they collect data on EU citizens. The above breakdown includes all the key points of the GDPR, but be sure to read through the official documentation for yourself so you can guarantee 100% compliance.
But it’s also crucial to use the data you collect effectively, particularly for OOH or out-of-home advertising. With AdQuick, you can analyze, buy, and measure the effectiveness of billboard advertisements in your target area in no time. Check out our solution today.
Sources:
General Data Protection Regulation (GDPR) | Tech Target
General Data Protection Regulation (GDPR) Definition and Meaning | Investopedia
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