GDPR: The History and Importance of Data Regulation

GDPR: The History and Importance of Data Regulation

GDPR: The History and Importance of Data Regulation

11 Feb 2019

A blog going through the timeline of GDPR and why it is very important | Servca

GDPR - The History and Importance of Data Regulation

The General Data Protection Regulation, commonly known as GDPR, has been said to be one of the EU’s greatest achievements in the last few years. GDPR is a term you may have seen regularly float about online or in your emails, often after phrases like “Data Protection”. While GDPR has been around a long time, there is still a lot of confusion on what GDPR is and why it is now the current legislation.

What is GDPR (General Data Protection Regulation)?

GDPR is a set of legal rules put in place to help protect the data of all 28 members of the European Union. These set of rules are now considered to be the world’s strongest data protection rules and are a leading example in data protection. The laws are designed to protect and enforce the personal rights civilians have over their personal data. GDPR is designed to alter how businesses and public sector organisations handle the information of their customers, and allow the individual to have more power over their personal information.

The History of GDPR

While GDPR has only popped into full effect since May 2018, it has been pushed by the EU since 2010. The GDPR was also made to replace ‘The European Data Protection Directive’ which was enforced in 1995. This Protection Directive was considered an essential element of EU privacy and human rights. At the time the internet was still in its infancy period. The potential issues and uses of data were not known at this time. Here we can clearly see the time line of the General Data Protection Regulation.

Why is GDPR so important?

The brand new GDPR laws are more detailed, precise and fit to tackle modern day data issues in comparison to the previous legislation. GDPR has been designed to take into account the current challenges in the evolving digital world. It will enforce companies to provide further security measures in their own data protection schemes, as well as ensure that sufficient data processing agreements are in place. Overall, GDPR is very important. It will aid the protection of European data rights and will clarify what processes companies possessing personal data must do to safeguard these rights. Whilst GDPR is in full effect to help protect civilian’s rights and data, it does not mean that you as a company or individual are completely safe from cyber-crime or breaches in your private information. You can read some simple tips on how to protect your personal data, put together by Servca, in this article HERE.

GDPR - The History and Importance of Data Regulation

The General Data Protection Regulation, commonly known as GDPR, has been said to be one of the EU’s greatest achievements in the last few years. GDPR is a term you may have seen regularly float about online or in your emails, often after phrases like “Data Protection”. While GDPR has been around a long time, there is still a lot of confusion on what GDPR is and why it is now the current legislation.

What is GDPR (General Data Protection Regulation)?

GDPR is a set of legal rules put in place to help protect the data of all 28 members of the European Union. These set of rules are now considered to be the world’s strongest data protection rules and are a leading example in data protection. The laws are designed to protect and enforce the personal rights civilians have over their personal data. GDPR is designed to alter how businesses and public sector organisations handle the information of their customers, and allow the individual to have more power over their personal information.

The History of GDPR

While GDPR has only popped into full effect since May 2018, it has been pushed by the EU since 2010. The GDPR was also made to replace ‘The European Data Protection Directive’ which was enforced in 1995. This Protection Directive was considered an essential element of EU privacy and human rights. At the time the internet was still in its infancy period. The potential issues and uses of data were not known at this time. Here we can clearly see the time line of the General Data Protection Regulation.

Why is GDPR so important?

The brand new GDPR laws are more detailed, precise and fit to tackle modern day data issues in comparison to the previous legislation. GDPR has been designed to take into account the current challenges in the evolving digital world. It will enforce companies to provide further security measures in their own data protection schemes, as well as ensure that sufficient data processing agreements are in place. Overall, GDPR is very important. It will aid the protection of European data rights and will clarify what processes companies possessing personal data must do to safeguard these rights. Whilst GDPR is in full effect to help protect civilian’s rights and data, it does not mean that you as a company or individual are completely safe from cyber-crime or breaches in your private information. You can read some simple tips on how to protect your personal data, put together by Servca, in this article HERE.

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Servca Group Ltd is a private limited company registered in England and Wales; Registered Number: 7727494; Registered Office: Dukes House, 32-38 Dukes Place, 5th Floor, London, EC3A 7LP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Servca European Insurance Brokers Ltd (a private limited company incorporated in Malta and enrolled to act as an insurance broker); Tower Business Centre, Level 3, Tower Street, Swatar, BKR, 4013, Republic of Malta. UK branch office is registered in England and Wales, authorised and regulated by the Financial Conduct Authority. Servca Canada Insurance Group Inc, a private limited company incorporated at 40 King Street West, Suite 2100, Toronto, M5H 3C2, Canada. Servca group of companies are owned and operated by Servca Group Holdings Ltd, a private limited company registered in England & Wales.

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Global Headquarters

Servca Group

Dukes House

32-38 Dukes Place

5th Floor

London, EC3A 7LP

United Kingdom


+44 (0) 207 2250000

info@servca.com


Broker at Lloyd’s SLM1389

European Office

Servca Europe

Dragonara Business Centre

Dragonara Road

5th Floor

St Julian’s, STJ 3141

Republic of Malta


+356 (20) 341690

eu@servca.com


Broker at Lloyd’s (Brussels) SLM1883

Canadian Office

Servca Canada Insurance Group Inc
40 King Street West
Suite 2100
Toronto
M5H 3C2
Canada


+1 (647) 846 5555

canada@servca.com


Non-regulated servicing company

Northern Ireland

Servca Northern Ireland
River House Belfast

48-60 High Street

Belfast

BT1 2BE



+44 (0) 2895582000

ni@servca.com


Broker at Lloyd’s SLM1389

© 2024 Servca


Servca Group Ltd is a private limited company registered in England and Wales; Registered Number: 7727494; Registered Office: Dukes House, 32-38 Dukes Place, 5th Floor, London, EC3A 7LP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Servca European Insurance Brokers Ltd (a private limited company incorporated in Malta and enrolled to act as an insurance broker); Tower Business Centre, Level 3, Tower Street, Swatar, BKR, 4013, Republic of Malta. UK branch office is registered in England and Wales, authorised and regulated by the Financial Conduct Authority. Servca Canada Insurance Group Inc, a private limited company incorporated at 40 King Street West, Suite 2100, Toronto, M5H 3C2, Canada. Servca group of companies are owned and operated by Servca Group Holdings Ltd, a private limited company registered in England & Wales.

Privacy Policy

Cookies

Global Headquarters

Servca Group

Dukes House

32-38 Dukes Place

5th Floor

London, EC3A 7LP

United Kingdom


+44 (0) 207 2250000

info@servca.com


Broker at Lloyd’s SLM1389

European Office

Servca Europe

Dragonara Business Centre

Dragonara Road

5th Floor

St Julian’s, STJ 3141

Republic of Malta


+356 (20) 341690

eu@servca.com


Broker at Lloyd’s (Brussels) SLM1883

Canadian Office

Servca Canada Insurance Group Inc
40 King Street West
Suite 2100
Toronto
M5H 3C2
Canada


+1 (647) 846 5555

canada@servca.com


Non-regulated servicing company

Northern Ireland

Servca Northern Ireland
River House Belfast

48-60 High Street

Belfast

BT1 2BE


+44 (0) 2895582000

ni@servca.com


Broker at Lloyd’s SLM1389

© 2024 Servca


Servca Group Ltd is a private limited company registered in England and Wales; Registered Number: 7727494; Registered Office: Dukes House, 32-38 Dukes Place, 5th Floor, London, EC3A 7LP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Servca European Insurance Brokers Ltd (a private limited company incorporated in Malta and enrolled to act as an insurance broker); Tower Business Centre, Level 3, Tower Street, Swatar, BKR, 4013, Republic of Malta. UK branch office is registered in England and Wales, authorised and regulated by the Financial Conduct Authority. Servca Canada Insurance Group Inc, a private limited company incorporated at 40 King Street West, Suite 2100, Toronto, M5H 3C2, Canada. Servca group of companies are owned and operated by Servca Group Holdings Ltd, a private limited company registered in England & Wales.

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