GDPR: Achieve Compliance with the General Data Protection Regulation
The EU GDPR, effective since 2018, is the leading worldwide standard for data protection. It protects the personal data of those in the EU and to organizations who process that data, even if they are located outside of Europe. The fundamental principles of the GDPR are lawfulness, fairness, transparency, data minimization, and accountability.Â
What is GDPR Compliance?
The GDPR, in simple terms, means that companies cannot collect, store or use your personal data without an adequate justification of clear consent and legitimate purpose. Individuals have strong rights- access and correction, deletion (the right to be forgotten), and objection to processing. Organizations must appoint Data Protection Officers (DPO) and are obligated to report breaches within 72 hours. Fines for non-compliance can be hefty, reaching as high as 4% of the company’s total global annual turnover, making the regulation, GDPR, the cornerstone of global privacy compliance.
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