General Data Protection Regulation (GDPR)

The General Data Protection Regulation (GDPR) is a comprehensive data protection law that governs how companies worldwide handle the personal data of European Union (EU) citizens. With strict compliance requirements, GDPR is among the most far-reaching data protection laws globally.

A Game-Changer in Data Protection

  • The GDPR enforces stringent data privacy measures, far surpassing previous EU privacy laws in terms of scope and penalties. Its comprehensive regulations demand that businesses take thorough steps to protect personal data and prevent breaches. Cybersecurity partners can assist in ensuring your organisation meets these requirements, identifying gaps in data protection, and safeguarding personal information.
  • GDPR: Key Facts and Potential Penalties
    • GDPR applies to all companies globally that handle the personal data of EU citizens, regardless of where the business operates.
    • The regulation mandates adherence to six privacy principles that govern how data is collected, processed, and stored, ensuring that businesses responsibly manage personal data.
    • The primary aim is to harmonize data protection laws across the EU’s 28 member states, empowering citizens to control their personal data and simplifying regulatory requirements for businesses.

Severe Penalties for Non-Compliance

Violations of GDPR carry significant financial penalties. Depending on the severity of the breach, companies can face fines ranging from €10 million or 2% of global turnover (whichever is greater) to €20 million or 4% of global turnover. Given these high stakes, compliance is essential to avoid costly penalties and reputational harm.

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