Yes, we are GDPR ready!
We think it is. And we can explain why.
What is and why GDPR?
According to a study carried out in the EU (European Union) two years ago, around 80% of users agree that they do not have full control over their own data!
Therefore, the consideration of GDPR is paid to the base of new regulations that give users full control over their own data.
While the personal data of the civilians close to him/her has been guaranteed so far by various laws in various countries, and to be honest, their safety has not been considered important. The GDPR will change that. Companies today need to think more about how they collect, obtain individual consent, store and use individual data.
In particular, the organization must ask all of its users to either expressly opt-in and provide information about their race, ethnicity, political views, religion, and sexual presentation, and are happy for that information to be used for education focused on advertisements.
That’s thanks to the GDPR (General Data Protection Regulation), another European law that experts say is obviously intended to bring in Facebook, Google, and other major internet leaders.
All individuals and organizations that are ‘controllers’ or ‘processors’ of individual data will be protected by the GDPR, which incorporates Magento marketplace providers that hold data about individuals.
Also, if the organization is not located in the EU, it still offers products or serves something to the people of the EU; In addition, you must comply with the General Data Protection Regulation (GDPR). That’s it! Even though your organization is located in the US or Australia, but you have customers from Germany, you need to comply with the GDPR regulation.
How does Magento comply with the GDPR?
Here is the good news for all Magento developers and stores!
Magento stands out for supporting GDPR 🙂
magento says “We do not provide you with legal advice, but will generally help you inspect all associated services and agreements with external organizations with the ultimate goal of confirming GDPR consistency in mind. We would also recommend advice using your own legitimate knowledge to understand which GDPR requirements apply to you and how you can best guide them.“
When does the GDPR apply?
An organization with a foundation in the EU provides market service to clients based in the Baltic countries and, in that context, processes personal data of natural persons.
When the GDPR does not apply
An individual uses their own inventory book or collected private data to invite people via a newsletter to a party they are hosting (except at home).
At the end…
We hope this has given you a clearer perspective of what is expected of your business as you prepare for GDPR compliance in e-commerce. Plus, the fact that it’s quite a challenge for Magento retailers and customers, should be a little less daunting these days! Keep in mind that the key to GDPR compliance is transparent and trustworthy to users.
To learn more about GDPR or take a GDPR as a service or buy Magento GDPR extensions contact us.