The acronym GDPR stands for General Data Protection Regulation. Implemented in May 2018, GDPR is a comprehensive regulatory framework established by the European Union to protect the privacy and personal data of individuals within the EU. It mandates strict guidelines for data collection, storage, processing, and sharing, ensuring that individuals have more control over their personal information. Organizations found in violation of GDPR can face significant fines, thus promoting a culture of data responsibility and transparency.