The General Data Protection Regulation (GDPR) is a regulation that was put in place by the European Union (EU) to protect the privacy of individuals’ personal data. The GDPR came into effect on May 25th, 2018 and replaced the 1995 Data Protection Directive.
The GDPR applies to all EU citizens and businesses that collect and process personal data. However, it also applies to businesses outside of the EU that collect or process the personal data of EU citizens.
The GDPR gives individuals more control over their personal data and how it is used. It requires companies to obtain explicit and informed consent before collecting personal data, and to provide transparency regarding how that data will be used.
Under the GDPR, individuals have the right to access the personal data that companies hold on them, to have that data erased, and to object to the processing of their data. Additionally, the GDPR requires companies to implement appropriate security measures to protect personal data against unauthorized access, loss, or theft.
The GDPR has implications for businesses of all sizes, as non-compliance can result in hefty fines. However, it also presents an opportunity for businesses to build trust with their customers by demonstrating their commitment to protecting personal data.
Overall, the GDPR aims to ensure that personal data is protected and used in a responsible manner. Its implementation has resulted in greater awareness of the importance of privacy and data protection, and has set a precedent for other countries around the world to follow.
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