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What Does GDPR Mean for U.S. Companies?

The eCommerceFuel Podcast · with John DiGiacomo · May 22, 2018 · 47 min

Summary

To avoid significant penalties and legal challenges, US-based e-commerce businesses that interact with EU residents must understand and implement GDPR compliant practices. This episode cuts through the confusion, offering clear guidance on data protection, consent management, and the practical steps needed to safeguard your business and customer data.

Key takeaways

Themes

founder & leadershipanalytics & attributionretail & omnichannel

Topics covered

gdpr compliance for us companiesdata privacy regulationseu residents data protectionmarketing consent requirementsdata breach notification obligationslegal liabilities of non-compliance

Episode description

Today we're going to talk about something you've probably heard about by now—and quite possibly are sick of hearing about—but it's going to change the way we market in many ecommerce businesses. That's right, I'm talking about the GDPR. I've brought John DiGiacomo of RevisionLegal.com back on the show to discuss what the law covers, what your liability is, and what could potentially happen if you don't comply. You can find show notes and more information by clicking here: http://bit.ly/2rLKoEi

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Frequently asked about this episode

What does this episode say about founder & leadership?
If your U.S. e-commerce business processes personal data of EU residents or offers goods/services to them, you are likely subject to GDPR, regardless of your physical location.
What does this episode say about analytics & attribution?
Implement robust consent mechanisms for data collection and marketing communications; passive consent is insufficient under GDPR. Review and update all privacy policies to clearly outline data handling practices, individual rights, and breach notification procedures.
What does this episode say about retail & omnichannel?
Be prepared for data subject access requests, including the 'right to be forgotten,' by establishing clear procedures for handling and responding to these requests promptly and securely.
What does this episode say about founder & leadership?
Understand the severe financial penalties and reputational damage associated with GDPR non-compliance, which can significantly impact your business.
What does this episode say about founder & leadership?
Review all third-party vendors and ensure their data processing practices are also GDPR compliant, as your liability extends to how your partners handle data.

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