What Does It Mean To Be GDPR Ready?

September 6, 2018

The simplest explanation of GDPR is that it is a set of rules that protect individuals’ privacy. The legislation regulates the processing of EU residents’ and citizens’ personal data, including collection, use, transfer, monitoring, tracking and even viewing of personal data. It went into effect on May 25, 2018.

Data subjects, as individuals are called in GDPR, have more rights to control their data. This creates a massive compliance challenge for U.S. companies processing data from European citizens. 

Does GDPR Apply to You?

GDPR applies to any organization that processes the data of EU residents or citizens. Your company doesn’t necessarily need to be based in the EU. For example, if you’re holding a medical conference in Kansas and a German citizen attends, the data you collect in the U.S. would not be subject to GDPR. Any data you collect while that German citizen is still in the EU, however, would be subject.

GDPR applies to you if you:

  • Offer goods/services in the EU
  • Monitor EU data subjects’ behavior
  • Collect personal data from EU residents
  • Collect personal data only as part of a marketing survey
  • Have EU customers
  • Target data subjects in an EU country (generic marketing, i.e. not marketing specifically to EU residents)

Basic Definitions

Personal Data – Any information relating to an identifiable subject, or data subject. This data doesn’t need to be sensitive or secret. Name, email, ID number, photo, location and IP address are included under the umbrella of personal data. 

Controller – The organization which, alone or jointly with others, determines the purposes and means of the processing. 

Processor– Any organization that processes personal data on behalf of the controller. You can be both the controller and the processor if you’re collecting and processing the data and determining what it’s for.

The Controller-Processor Relationship

The Controller:

  • Determines purposes and means of processing
  • Can only use GDPR-compliant Processors
  • Has primary responsibility for compliance

The Processor:

  • Processes data on Controller’s instructions
  • Assumes liability of sub-processors
  • Deletes/returns data on request
  • Works with compliance audits
  • Takes reasonable steps to secure data
  • Notifies controller of data breach
  • Informs controller if processing instructions infringe on data subject’s rights

What Should You Be Doing At This Point?

First things first, you need to assess whether GDPR applies to you. Under GDPR, you have to disclose what you’re collecting, how you’re storing it and what you’re using it for in order to get consent from data subjects.

Then, you should determine what level of compliance is needed. Do a gap analysis of what you’re doing now and what the GDPR requires you to do.

Once you know your level of compliance, develop a plan for compliance. You should decide how you’re going to provide informed notice and get informed consent.

Finally, you should implement the plan, including:

  • Consult with outside counsel on legal obligations to make sure your plans are fully compliant
  • Update your website terms of use and privacy policy. Must present it properly that’s compliant with GDPR so that it is enforceable.
  • Make sure your vendor agreements cover data processing
  • Update internal processes documentation
  • Review your cyber insurance policy

 

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.