What does GDPR mean?
GDPR stands for the General Data Protection Regulation. It is a set of rules that dictate the way companies handle personally-identifiable information and other sensitive data belonging to citizens of European Union (EU) member states beginning in May 2018.
How is GDPR compliance determined?
If an organization is based in the EU or if they do business with citizens of EU member state, they are required to comply with the GDPR. Organizations that store and directly use EU customer information might be required to encrypt personal data, participate in ongoing reviews of security measures, use redundancy and backup facilities, and enforce regular security testing. If your business deals with data provided by another company you may be required to comply with GDPR too. Noncompliance can lead to fines up to a greater amount of 20 million euros or 4% of the business's worldwide turnover from the previous year.
How does GDPR data center & cloud hosting work?
TaxDome can meet your organization's GDPR compliance requirements. All accounts include advanced security measures such as 256-AES encryption. Also, our network of global SSL-A certified data centers will help to make sure that you are storing any personally-identifiable data safely thanks to our advanced safety measures.
How can I audit & maintain compliance with GDPR hosting?
TaxDome handles all auditing and other oversight procedures to help ensure that your account maintains GDPR compliance.
Are there any other compliance standards that are similar to GDPR?
Beginning in May 2018, GDPR will be the only regulatory standard specifically structured to address EU-based businesses or businesses targeting EU citizens.
How does TaxDome work with their clients to protect data under GDPR?
You can hear more about how TaxDome works with our clients to protect data under GDPR, and view our corporate GDPR policy and updates, at www.taxdome.com.