GDPR – General Data Protection Regulation
What is GDPR?
GDPR stands for General Data Protection Regulation. It is a data protection law in the European Union that gives individuals greater control over their personal data and requires organizations to handle that data lawfully, fairly and transparently.
Key Principles of GDPR
Lawfulness, Fairness & Transparency
Personal data should be processed lawfully, fairly and transparently.
Purpose Limitation
Personal data should be collected for specified, explicit and legitimate purposes.
Data Minimization
Only personal data that is necessary for the intended purpose should be collected and processed.
Accuracy
Personal data should be accurate and kept up to date where necessary.
Storage Limitation
Personal data should be retained only for as long as necessary for the purpose for which it was collected.
Integrity & Confidentiality
Appropriate technical and organizational safeguards should be used to protect personal data.
Your Rights Under GDPR
Where GDPR applies, individuals may have rights including:
- Right of access
- Right to rectification
- Right to erasure
- Right to restrict processing
- Right to data portability
- Right to object
- Rights relating to certain automated decision-making
These rights are subject to the requirements and exceptions provided by applicable data protection law.
Who Does GDPR Apply To?
GDPR applies primarily to organizations processing personal data in the European Economic Area, and can also apply to organizations outside Europe when they offer goods or services to, or monitor the behavior of, individuals covered by GDPR.
TrueFin and GDPR
TrueFin is committed to supporting responsible data handling and applying appropriate privacy and security practices where applicable. Where GDPR applies to our processing activities, we aim to handle personal data in accordance with relevant legal requirements and contractual obligations.
- Role-based data access controls
- Appropriate technical security measures
- Privacy-aware handling of personal information
- Aiming to minimize data collected to what is necessary
- Responding to legitimate user requests
- Retention controls where applicable
Privacy or GDPR Questions?
If you have a privacy or GDPR-related question, please contact TrueFin through our official support or sales channels.
Talk to Sales: 0334 5001244