You must inform consumers about which cookies are on your website, how they collect data, and how that data is used before employing them. You must also provide users the option to consent or opt out of cookies before using them.
Companies could be fined up to 4% of their annual turnover if they are not compliant with existing GDPR practises.
Not all GDPR breaches result in financial penalty.
Supervisory authorities such as the UK's ICO (Information Commissioner's Office) may take a variety of other measures, including:
Issuing warnings and reprimands
Imposing a temporary or permanent prohibition on data processing
Ordering the correction, restriction, or erasure of data
And Suspending data transfers to third countries are just a few examples
How do I create my own GDPR compliant version of it?
Once you have done that, make sure the privacy notice has been updated and informs users about which cookies are used on the site, how data is collected from these cookies, and how that data will be used by those specific companies. Lastly, give people the option to consent or opt out of using each one before continuing with their visit!
Having one of these policies on your website is beneficial for multiple reasons. First, it lets users know exactly how their data will be used and who has access to this information - meaning there won't be any surprise when they see what you're doing with it!
Second, if someone requests that you delete all their personal details from your database, you can do so easily because each request must comply or else risk being heavily fined. Finally, by creating an easy-to-understand policy like this, people are more likely to trust your business which makes them much more likely to buy things through your site!
How do I check my Cookies on my Website?
There are many ways to do this but one of the best ways to check a website's existing trackers is to use a Google Chrome extension 'Google Tag Assistant Legacy' that will show you all of the third party trackers on a page.
This is great for checking if you have any trackers that are no longer necessary to be there!
If they are found guilty of breaking this regulation, there could be heavy fines given out which can go up to 20 million Euros or four percent of the company's annual turnover (whichever number is greater).
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This blog post covered what happens when websites do not comply with GDPR regulations around cookies and how important it is to create one for your site. Not having one could lead to heavy fines! Make sure that you understand the requirements of GDPR before continuing online.