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An Exploratory Study on the impact of EU Adequacy Decision on GDPR compliant companies  

Kim, YoungSoo (중앙대학교 대학원 융합보안학과)
Chang, Hangbae (중앙대학교 산업보안학과)
Publication Information
Journal of Platform Technology / v.9, no.4, 2021 , pp. 32-41 More about this Journal
Abstract
The EU enacted a law strongly regulating the GDPR to protect the privacy of its citizens on 25 May 2018. Compliance with GDPR is an essential prerequisite for companies to enter the European market in the global economic era. In this paper, Step-by-step measures have been defined to conclude DPA agreements for the appropriate level of protection against EU personal data transfer. To explore the benefits and expected effects of determining appropriateness at the government level. As a result, enterprises benefit from simplifying processes, reducing time, and reducing costs when entering the EU. Government-level support in response to personal data breach and communication with the EU Commission will have a positive impact, However, even after the adequacy decision, the entity continues to need activities to secure personal data through compliance with GDPR principles and obligations. Major operations of companies that comply with GDPR are also maintained as important tasks that must be observed in most cases except for the Data Protection Agreement.
Keywords
GDPR; Adequacy decision; Personal information Protection; SSC; DPA; Security Design;
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