The GDPR has replaced the older EU Data Protection Directive since May 2018. GDPR stands for the European Union General Data Protection Regulation. The GDPR applies to all EU organisations, whether commercial business or public authority, that collects, stores, or processes the personal data of EU individuals.
Organisations based outside the EU that monitor or offer goods and services to individuals in the EU will have to observe the new European rules and adhere to the same level of protection of personal data.
UK organisations handling personal data still need to comply with the GDPR, regardless of Brexit. The government has confirmed that GDPR will apply in the UK. Fines-The GDPR allows DPAs to fine companies up to 4 per cent of their international revenue or €20 million whichever is greater.
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