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General Data Protection Regulation (GDPR)

Knowledge Base / Glossary: "The General Data Protection Regulation (GDPR) is a regulation that was put into place by the European Union (EU) in 2018. It is designed to give individuals in the EU more control over their personal data and how it is used by organizations. The G..."

The General Data Protection Regulation (GDPR) is a regulation that was put into place by the European Union (EU) in 2018. It is designed to give individuals in the EU more control over their personal data and how it is used by organizations. The GDPR applies to any organization, including businesses and government entities, that processes the personal data of individuals in the EU.

The GDPR sets out specific rules for how organizations must handle personal data, including obtaining consent from individuals to collect and use their data, as well as protecting that data from unauthorized access and misuse. It also gives individuals the right to access their own personal data, and to have that data deleted or corrected if it is inaccurate.

The GDPR is significant because it introduces significant penalties for organizations that do not comply with its requirements. This includes fines of up to 4% of an organization's global annual revenue or €20 million (whichever is greater), as well as potential criminal charges for those who are found to have violated the GDPR.

The GDPR is important because it is designed to give individuals more control over their personal data and how it is used. This includes the right to access and control their own data, as well as the right to have that data deleted or corrected if it is inaccurate. The GDPR also helps to protect individuals from the unauthorized use of their personal data, which is becoming increasingly important as more and more of our personal information is collected and stored online.