The GDPR will overhaul data protection throughout the EU and enters into force on 25 May 2018. It has extraterritorial reach beyond the EU, which could affect a large number of Australian businesses.
The GDPR gives much more power to individuals in regard to the use of their personal information by business. Individuals will have rights in respect of data portability, the right to be forgotten and the right to restrict processing.
Some aspects of the GDPR are similar to certain principles under the Privacy Act 1988 (Cth) but the GDPR goes further in other respects. The clock is ticking for affected Australian businesses to become compliant with the GDPR.
This article provides an overview of some of the significant elements of the GDPR.
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