GDPR came into force since May 2018 and is a European Union regulation and is valid for all companies that hold personal data of their residents, regardless of where they are located. In other words, even if your company is in Brazil, you must comply with the new regulations if there is personal or sensitive data from individuals in Portugal, Spain, France or any other EU country.
The LGPD is a similar Brazilian law that will be in force, at the year of 2020.
And what do they have in common? Below are 3 similarities:
• They define responsibilities for individuals' data;
• It has astronomical fines for non-compliance acts;
• Information processing must be done in a secure manner, respecting the privacy of the data subjects.
What is your level of compliance with these laws? What do you need to do to be in compliance?
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