As I discussed earlier this week, it’s Data Privacy Week! So, it’s fitting that Cimplifi has posted the final post in their excellent data privacy series discussing how contracts are impacted by data privacy requirements!
Their final article in the data privacy series (Chances Are, Your Contracts Are Impacted By Data Privacy Requirements Too) discusses how contracts are impacted by data privacy requirements and the importance of having a sound contract analytics and management process to address potential contract changes quickly and effectively.
Did you know that if you’re involved in a contract where personal data of European data subjects is involved, the contract needs to be compliant with GDPR? And if there’s a not a contract where European data subject personal data is being processed, you probably need one! The main paragraph of Article 28, section 3 of GDPR states:
“Processing by a processor shall be governed by a contract or other legal act under Union or Member State law, that is binding on the processor with regard to the controller and that sets out the subject-matter and duration of the processing, the nature and purpose of the processing, the type of personal data and categories of data subjects and the obligations and rights of the controller.” {emphasis added}
There’s a lot more to know about requirements stipulated by Article 28 as their article discusses.
So, what else do you need to know about how contracts are impacted by data privacy requirements? And what do you need to know about updating contracts to comply with those requirements? Find out that and more here! And please share any comments you might have or if you’d like to know more about a particular topic. Happy Data Privacy Week! Please celebrate responsibly. 😉
BTW, if you’re wondering who the heck “Cimplifi” is, click here! 😀
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