In 2018, the European Union’s General Data Protection Regulation (GDPR) came into effect, introducing a set of rules that companies must follow when collecting and processing the personal data of individuals within the European Union (EU). GDPR furnishes individuals with greater control over their personal information, and it places new obligations on companies to protect the privacy and security of the data they collect. Failure to comply with GDPR can cause severe consequences like hefty fines and reputational damage. Therefore, it is crucial for businesses to understand the GDPR requirements and implement the necessary measures to comply with them. In this article, we will examine how businesses can comply with GDPR.

What is GDPR?

The General Data Protection Regulation, or GDPR, is a comprehensive data privacy law that governs how companies collect, use, and store the personal data of individuals within the European Union. It was implemented on May 25, 2018, to strengthen data protection rights and increase transparency around how personal data is processed. It also applies to any organization that processes the personal data of EU residents, regardless of where the organization is located. It requires companies to obtain explicit consent for data collection, provide clear and concise privacy notices, and allow individuals to access, correct, and delete their personal data upon request. It also mandates that companies report data breaches to authorities and affected individuals within 72 hours. Non-compliance with the GDPR can result in significant fines.

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