General Data Protection Regulation (GDPR)

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Definition of 'General Data Protection Regulation (GDPR)'

The General Data Protection Regulation (GDPR) is a regulation in EU law on data protection and privacy for all individuals within the European Union (EU) and the European Economic Area (EEA). It also addresses the transfer of personal data outside the EU and EEA. The GDPR was adopted on 14 April 2016, and it came into effect on 25 May 2018.

The GDPR is a comprehensive regulation that covers a wide range of topics related to data protection and privacy. Some of the key provisions of the GDPR include:

* The right to be informed about how your personal data is being processed
* The right to access your personal data
* The right to correct your personal data
* The right to delete your personal data
* The right to restrict processing of your personal data
* The right to port your personal data to another company
* The right to object to processing of your personal data
* The right not to be subject to automated decision-making

The GDPR also imposes a number of obligations on businesses that process personal data. These obligations include:

* The obligation to have a lawful basis for processing personal data
* The obligation to process personal data in a fair and transparent manner
* The obligation to only collect personal data that is necessary for the purpose for which it is being processed
* The obligation to keep personal data accurate and up-to-date
* The obligation to take appropriate security measures to protect personal data
* The obligation to notify individuals of any data breaches

The GDPR is a significant piece of legislation that has a wide-reaching impact on businesses that process personal data. Businesses that fail to comply with the GDPR may face a number of sanctions, including fines of up to €20 million or 4% of global turnover, whichever is higher.

The GDPR is a complex regulation, and it can be difficult for businesses to understand and comply with all of its requirements. However, there are a number of resources available to help businesses understand and comply with the GDPR, including the European Commission's website and the Information Commissioner's Office's website.

The GDPR is a significant step forward in data protection and privacy in the EU. It is a comprehensive regulation that imposes a number of obligations on businesses that process personal data. Businesses that fail to comply with the GDPR may face a number of sanctions, including fines of up to €20 million or 4% of global turnover, whichever is higher.

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