The GDPR introduces several key regulations and principles:
1. Consent: Individuals must provide clear consent for their data to be processed. They have the right to withdraw this consent at any time.
2. Data Portability: Individuals can request their personal data from one organization and transfer it to another.
3. Right to be Forgotten: Individuals can request the deletion of their personal data when it’s no longer necessary or if they withdraw their consent.
4. Data Protection Officers (DPOs): Some organizations are required to appoint a DPO to oversee data protection compliance.
5. Breach Notification: Organizations must report data breaches to relevant authorities within 72 hours and notify affected individuals if the breach poses a high risk to their rights and freedoms.
6. Privacy by Design: Data protection must be integrated into systems and processes from the outset.
7. Fines: Non-compliance can result in substantial fines—up to €20 million or 4% of global annual turnover, whichever is higher.
The GDPR has prompted significant changes in how businesses collect, store, and process personal data, fostering a culture of data privacy and accountability