Bermuda and new European data rules
On December 15, 2015, the European Parliament and the European Council agreed the EU Data Protection Reform, promising to make Europe fit for the digital age, but what is the General Data Protection Regulation (GDPR), what is its scope, and what do organisations need to do to comply with this new regulation. In part one of this two-part article, Darren Wray discusses the scope and some of the differences between the existing European data protection legislation and the changes that the GDPR brings.
Some background
The GDPR is an update to the European Data Protection Directive (DPD) which first came into force in December 1995, with the aim to provide protection for individuals and the processing of their personal data in the European Union. Considering that at the point of its implementation the internet was still something used by geeks and tech hobbyists, the directive could never have predicted how the world would change over the following 21 years, so despite having been amended a few times, this directive is long overdue for an update.
Read more on the Royal Gazette website:
Part 1: http://www.royalgazette.com/business/article/20160531/bermuda-and-new-eu...
Part 2 :http://www.royalgazette.com/business/article/20160601/what-new-euro-data...