GDPR and Data Privacy Regulations
The General Data Protection Regulation (GDPR) is one of the most well-known and far-reaching privacy laws. Enforced across the European Union (EU), it governs how organizations handle the personal data of EU residents, regardless of where the organization is located. Key principles of GDPR include:
Data Minimization: Collect only the necessary data and use it for the specific purposes it was gathered.
Consent: Obtain explicit consent from individuals before collecting or processing their personal data.
Data Subject Rights: Provide individuals with the right to access, correct, delete, and restrict the processing of their data.
Breach Notification: Report any data breach within 72 hours if it involves personal data.
GDPR imposes heavy fines for non-compliance, making it crucial for organizations to ensure data protection practices align with these requirements.