The GDPR: Five Years of Data Privacy Law
Five years ago, on May 25, 2018, the GDPR (General Data Protection Regulation) came into effect, ushering in a new era of data privacy and protection. This regulation applies to any company operating within the European Union, as well as those outside the EU who process the data of EU citizens.
The Goal of the GDPR
The purpose of the GDPR is to safeguard the fundamental rights and freedoms of individuals with regard to the handling of their personal data. It does this by setting out clear and stringent requirements for the collection, storage, processing, and transfer of personal data. It also gives individuals the right to know and control how their personal data is used.
Where is the GDPR Now?
Five years on, the GDPR is still going strong. Companies have had to make many adjustments over the years, but the regulation has been a success in terms of protecting the privacy of individuals.
The GDPR has proven to be a vital piece of legislation for protecting the data privacy of individuals. Five years on, it is still going strong, and companies have had to make many adjustments over the years in order to comply with its requirements.