General Data Protection Regulation <> LetX
LetX's GDPR Readiness & Updates
The European Union has taken a monumental step in protecting the fundamental right to privacy for every EU resident with the General Data Protection Regulation (GDPR) which will be effective from May 25, 2018. Simply put, EU residents will now have greater say over what, how, why, where, and when their personal data is used, processed, or disposed. This rule clarifies how the EU personal data laws apply even beyond the borders of the EU. Any organization that works with EU residents' personal data in any manner, irrespective of location, has obligations to protect the data.
LetReach Technologies Private Limited (the parent company of “LetReach, Inc.”, “LetX” and all its subsidiary products including but not limited to LetReach, LetSpinio, LetConvert, etc.), hereby referred to as "LetX," is well aware of its role in providing the right tools and processes to support its users and customers meet their GDPR mandates.
The GDPR (General Data Protection Regulation) is a new EU Regulation which will replace the 1995 EU Data Protection Directive (DPD) to significantly enhance the protection of the personal data of EU citizens and increase the obligations on organizations who collect or process personal data. GDPR will come into effect on 25th May 2018 and will be applicable to all member states. You can read about the full text of the GDPR here.
Again, GDPR is one of the biggest legislative changes made since 1975. To be effective from May 25, 2018, the primary goal of these changes is protection of personal data and rights of EU residents.
GDPR Compliance & Scope?
While the current EU legislation (the 1995 EU Data Protection Directive) governs entities within the EU, the territorial scope of the GDPR is far wider in the sense that it will also apply to non-EU businesses who
a) market their products to people in the EU or who,
b) monitor the behavior of people in the EU.
In other words, even if you’re based outside of the EU but you control or process the data of EU citizens, the GDPR will apply to you.
At LetX, we have always thrived to honor our users' right to data privacy and protection.
We are truly & totally committed to uphold the privacy & the rights of our customers, and the users. The essence of the GDPR is in direct alignment with our core values of customer trust and data privacy. With that in mind, we are actively bent to structure and continue to keep in effect - our products, roadmaps, processes and activities - in total accordance with the standards of GDPR compliance.
Over the years of LetX operations, we have always demonstrated our commitment to data privacy and protection. We have a strong Data Processing Agreement, also in accordance to the standards set by GDPR.
We also recognize that the GDPR will help us move towards the highest standards of operations in protecting customer data.
How is LetX gearing up to stay GDPR compliant?
With a number of cloud applications, LetX has geared up to stay compliant to all the standards set across by GDPR and uplift its processes & operations to enhance a better protection of customer data & privacy.
As a data processor, LetX understands its obligation to be GDPR compliant and help their customers get ready to be compliant as well. We have thoroughly analyzed GDPR requirements and have put in place a dedicated internal team to drive our organization to meet them. A few of our initiatives include:
Other Steps Towards Being GDPR Compliant
Information security is our highest priority. That is why we have technical and organizational measures in place which ensure that our customer’s personal data remains secure. We have implemented the following data security best practices for GDPR compliance:
We also continue to create and invest in our security and compliance measures.
When is the GDPR coming into effect?
The GDPR was approved and adopted by the EU Parliament in April 2016. The regulation will take effect after a two-year transition period and, unlike a Directive, it does not require any enabling legislation to be passed by the government; meaning it will be effective from May 25, 2018.
Whom does the GDPR affect?
The GDPR applies not only to organizations located within the EU but also to organizations located outside of the EU if they offer goods or services to, or monitor the behavior of EU data subjects. It applies to all companies processing and holding the personal data of data subjects residing in the European Union, regardless of the location of the companies.
What is the difference between a data processor and a data controller?
A controller is an entity that determines the purposes, conditions, and means of processing of personal data, while a processor is an entity that processes personal data on behalf of the controller.
Where can we know more about the GDPR?
You can refer to the following links for more information on the GDPR and how you can prepare for it.
LetX thrives to be compliant with any standards across the industry to meet the best possible outlines for its customers' data protection & privacy. On the same grounds, we are always happy to help even our users & customers and are open to any questions about customer data security & privacy at our growth desk - reachable at email@example.com