What does the acronym "GDPR" represent in privacy laws? 🔊
The acronym "GDPR" represents the General Data Protection Regulation, a comprehensive privacy law in the European Union. Enacted in 2018, GDPR aims to protect individuals' personal data and enhance their privacy rights. It imposes strict regulations on how organizations collect, process, and store personal information, requiring transparency and accountability. Non-compliance can result in significant fines, making it essential for companies to adhere to these regulations. GDPR sets a global standard for data protection, influencing privacy laws worldwide.
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