With an increase in the digitalization, the legislators in the European Union have recognized a need for firmer regulations regarding the rights of the data subjects. Effective from 25th. May 2018 in all EU (and EEA) member states and apply to all companies handling EU/EEA citizens’ personal data.

The regulation is built upon a set of important principles relating to the processing of personal data. It aims to ensure that the processing of personal data is lawful, secure, fair and transparent.

The rights of the data subjects are strengthened by GDPR:

Information and access to personal data
Rectification and erasure
Right to object to automated individual decision-making

Banqsoft, as a Software vendor and Application Service Provider, is committed to follow the data protection by design and data protection by default principles in our software development.