(GDPR)

The General Data Protection Regulation (GDPR) is a regulation of the
European Union (EU) that came into effect on May 25, 2018. It replaces
the 1995 EU Data Protection Directive and strengthens EU data protection
rules. The GDPR applies to any organization that processes personal data
of individuals in the EU, regardless of whether the organization is based in
the EU or not.
The GDPR sets out strict rules for the collection, storage, and use of
personal data. Personal data is defined as any information relating to an
identified or identifiable natural person. Some examples of personal data
include name, address, email address, IP address, and even location data.
The GDPR gives individuals certain rights with respect to their personal
data, including:
 The right to be informed about how their personal data is being
collected and used
 The right of access to their personal data
 The right to have their personal data corrected or deleted
 The right to object to the processing of their personal data
 The right to have their personal data transferred to another
organization
Organizations that process personal data must appoint a Data Protection
Officer (DPO) and implement appropriate technical and organizational
measures to protect personal data. They must also notify the relevant
authorities of any data breaches that occur.
The GDPR also imposes heavy fines for non-compliance, up to €20 million
or 4% of the company’s global annual revenue for the preceding financial
year, whichever is higher. Organizations that handle EU citizens’ data,
regardless of their location, must comply with the GDPR or face severe
penalties.