How to engage your audience in the era of GDPR

Adinah Brown

“The EU General Data Protection Regulation (GDPR) is the most important change in data privacy regulation in 20 years.” – EUGDPR.org

The GDPR (General Data Protection Regulation) is a bill that aims to strengthen and protect all European Union citizens from privacy and data breaches in a world that is becoming increasingly driven by the movement of personal data around the globe. Therefore, it makes sense that people should be concerned about whether or not, and how, their data is protected.

Data is usually stored on computer servers which, if not properly secured, can be vulnerable to theft by hackers and fraudsters. Maintaining adequate internet security is a continual process; as IT security experts design and implement more secure firewalls, so online hackers improve their skill and ability to break into servers and steal personal data.

History of the GDPR

The GDPR in its modern format is based on the 1995 Data Protection Directive. The original directive specified how individuals need to be protected concerning the movement and handling of personal data within the European Union.

The right to privacy is entrenched in the European Union constitution. However, the 1995 Data Directive has been found to be lacking in application as the digital landscape was very different in 1995, compared to 2018.

The fundamental principles of data privacy contained within this directive are still applicable today (and are included in the GDPR). However, changes have been made to the regulatory policies that govern these principles.

Your audience and the GDPR

Therefore, the question that begs is how do companies who do business in any way with EU citizens implement the GDPR? Here are a few tips to help you with the implementation to ensure that your company does not come into breach of regulation standards as they collect data and cookies on the prospective leads. If found to be in contravention of the act, business can find themselves with heavy penalty fines or potentially forced to cease operation.

Compliance
It is vital to ensure that consumers are aware that your business is GDPR compliant. This can be done in the following manner:

·         Add GDPR consent fields to every page that asks users to fill out personal details.
·         Warn readers that your website tracks cookies and offer an opt-out link on every web page.
·         Provide a link to your site’s privacy notification on every web page (add it to the website’s footer section and it will be displayed on every page).
·         Add the opt-out option to the bottom of all marketing emails; thus, allowing subscribers to inform you that they no longer want to receive emails from your company.
·         Provide contact details for your business’s GDPR’s compliance controller and EU representative.

It is important to note, this list is not a fully comprehensive, but addresses the essential elements of the GDPR.

Communication

With the current rise in the theft of millions of global consumers’ personal data, it is understandable that consumers might be anxious about allowing business to store their personal details.

The GDPR allows the consumer the right to control whether (and how) his personal data is handled by the business. It is easy for misunderstandings and miscommunications to take place between client and business. Therefore, it is important to make your clients aware of the fact that you are taking data security very seriously, and you are committed to complying with the GDPR.

It is vital for companies who transact with EU consumers to comply with the GDPR. Otherwise, business can end up being convicted of being in contravention of the act; resulting in heavy penalty fines.

Read this next

blockdag

2024’s Top 10 Cryptocurrencies: BlockDAG Excels Beyond BTC, ETH, BNB, SOL, and Others With 30,000x ROI

Uncover why BlockDAG leads the charge against major cryptocurrencies like BTC, ETH, BNB, and SOL, showcasing a $21.3M presale and a promising 30,000x ROI.

blockdag

Analysts Pick the Top 4 Crypto Presales for Staggering Returns in 2024

Discover BlockDAG’s monumental $21M presale achievement, which sets new standards above Dogeverse, Slothana, and 5th Scape’s offerings and makes it one of the 4 Best Crypto Presales of 2024.

blockdag

BlockDAG’s Innovative Tech and Predictions to Reach $30 by 2030 Eclipse TRON (TRX) Price & Shiba Inu Blockchain

Discover how BlockDAG’s innovative technology is set to surpass TRON (TRX) price and the Shiba Inu blockchain with a predicted $30 value by 2030.

Retail FX

Weekly Roundup: El Salvador’s Bitcoin hacked, prop firm faces lawsuit

Let’s take a look back at top stories that dominated the financial markets in our Weekly Round coverage. This week’s digest takes a deep dive into the most recent events and trends within the Forex, Fintech, and cryptocurrency.

blockdag

Top 6 Altcoins Under $1: BlockDAG Surges 500%, Followed By SHIB, FLOKI, VeChain, BONK & PEPE

Discover the top 6 altcoins under $1, including SHIB, FLOKI, VET, BONK, PEPE & BlockDAG, which is seeing an incredible boost in its presale momentum.

Retail FX

Italy blocks domains of Vantage, Luno Invest and Crypto Trade

Consob, the Italian securities regulator, has dropped the hammer on yet another number of FX websites it says were illegally promoting trading products in the country. It has contacted Italy’s internet service providers (ISPs), requesting that they block access to all of the sites in question.

Digital Assets

Celsius users consider legal challenge to reorganization plan

A group of creditors from the bankrupt crypto lender Celsius is looking into legal options to challenge the company’s reorganization plan, which they claim unfairly favors certain creditors.

Digital Assets

e-CNY mastermind Yao Qian arrested in corruption probe

The mastermind behind China’s central bank digital currency (CBDC) project is reportedly under scrutiny for suspected “violations of discipline and law,” according to Shanghai Securities News.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: USD Strength, US PCE, Eurozone April 26 ,2024

US inflation data came in hotter than expected, pressuring the Federal Reserve to potentially raise interest rates and causing the US Dollar to rise against the Euro as the Eurozone faces economic uncertainties.

<