As a translation company, we work with personal data (of employees, business partners, suppliers…), and we are carefully getting ready for this regulation as it’s one of our pillars as a translation company to ensure absolute discretion in regards to all personal information and data.
Securing personal data will be subject to a new regulation starting May 25th of 2018. Under the acronym GDPR, the new regulation will concern all companies, institutions and individuals who work with all forms of personal data.
General Data Protection Regulation (GDPR) is a regulation of the European Parliament and the EU Council No. 2016/679 from April 27, 2016 on the protection of individuals regarding processing personal data, the free movement of this data, and on the cancellation of directive No 95/46/EC (the General Regulation on the Protection of Personal Data)
GDPR is not a recommendation, nor a voluntary adoption of new policies in the processing and protection of personal data – this is a binding regulation that must be respected and aligned with.
The Individual Member States of the European Union will consequently have to amend their personal data protection laws in order to comply with this regulation.
What rights does GDPR give EU citizens?
The GDPR concerns the right of access, rectification, erasure, the right to be forgotten, the right to limit processing, the portability of data and, the right to object. This regulation gives EU citizens far more control over the way their data is handled.
Who is GDPR concerned with, and why is it important?
GDPR is mainly concerned with large processors of personal data, but anyone who works with personal data for business purposes, including small businesses and even individuals, will also need to abide by GDPR. With the help of GDPR and the related national laws, EU citizens will have more rights and will be able to better protect their personal data.
Note: The GDPR regulation is quite extensive and detailed. It incorporates data such as Name, address, email addresses, IP addresses, cookies, biometric data, signatures, etc
Why to NOT ignore GDPR?
It is imperative that every company, institution, and individual working with personal data revise their methodology and procedures in a way that conforms with the GDPR regulation. Violation of the GDPR proposes high fines for noncompliance, up to the amount of 20,000,000 Euro, or 4% of the company’s total annual turnover.
Companies that carefully guard the personal data of their employees, business partners, or suppliers, will certainly enjoy the increased trust if they abide by the GDPR regulation.
How will LingPerfect deal with GDPR?
We’ve always taken the safety of data very seriously, and our clients, employees and suppliers know that we are 100% discrete. Personal data is a very valuable asset for every company, and we believe it is vital to closely guard it. At LingPerfect, we deal with data protection with the utmost care and we’re convinced that we have everything arranged in accordance with current laws and directives.
Nonetheless, GDPR brings about new requirements, so even we are starting to revise our documentation and methodology to be fully ready for the GDPR regulation taking effect May 25, 2018.