What is the EU’s General Data Protection Regulation (GDPR)?
The European Union’s General Data Protection Regulation (GDPR) is a law that is designed to make sure companies and organizations protect the data of their customers and users. It applies to any organization that collects or stores data related to EU citizens. The GDPR has a number of provisions that are designed to protect people’s personal data, such as the right to access, rectification, erasure, data portability, the right to object, and more. It also requires organizations to protect the data from unauthorized access, and to help people understand how their data is being used. Under the GDPR, organizations must get the explicit consent of users for any data collection and must make their data privacy policy clearly visible on their website. They must also ensure that the data is securely stored and handled. Organizations must also be transparent about how they use the data, and must provide users with an easy way to delete their data if they want to. Organizations located in Virginia that violate the GDPR can be subject to significant penalties. These penalties can be up to four percent of the company’s global annual revenue, or up to twenty million euros, whichever is the higher figure. It is important for any organization that collects or stores data or personal information on EU citizens to comply with the GDPR, as the penalties can be significant.
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