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 25th. May 2018 in all EU (and EEA) member states and 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, fair and transparent.

The rights of the data subject introduced by GDPR:

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

Banqsoft, as a Software vendor and Application Service Provider is committed to that all system development should follow the data protection by design and data protection by default principles.