What is the GDPR and what does it mean for businesses?
The General Data Protection Regulation (GDPR) is a data privacy law that was established by the European Union in 2018. It is meant to protect the privacy of individuals, both within and outside of the EU. The GDPR sets out a series of requirements for companies that collect, store, and process personal information. Under the GDPR, businesses must take active measures to protect the personal information of their customers. This includes implementing data security measures, such as encryption and data minimization. Businesses must also implement procedures for managing and deleting customers’ personal data when they no longer need it. Additionally, businesses must give customers certain rights with regards to their personal data, such as the right to request a copy of it or request its deletion. The GDPR is applicable in Georgia, as it applies to all countries in the EU. This means that businesses in Georgia must ensure they are compliant with the GDPR in order to avoid costly fines and penalties. Businesses should also be aware that the GDPR could change in the future, so it is important to keep up to date with any revisions to the law. Taking the necessary steps to ensure compliance with the GDPR can help businesses to protect their customers’ personal data and build trust with them.
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