What is the significance of GDPR in technology? 🔊
The significance of GDPR (General Data Protection Regulation) in technology is paramount, as it sets stringent guidelines for data protection and privacy for individuals within the European Union. Implemented in May 2018, GDPR mandates that organizations must obtain explicit consent to collect and process personal data, ensuring that users have rights over their information. Compliance with GDPR is crucial for businesses to avoid heavy fines, gain consumer trust, and enhance data management practices. It has also sparked a global conversation about data privacy, influencing regulations beyond Europe.
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