The General Data Protection Regulation (GDPR) aims to:
Strengthen the protection of individuals’ rights
The GDPR aims to enhance the protection of individuals’ rights regarding their personal data. It grants individuals rights such as the right of access, rectification, erasure, portability, and objection concerning their personal data. It also ensures the right to information, the right to informed consent, and the right not to be subject to automated decisions;
Hold organizations accountable
The GDPR requires organizations to take responsibility for the protection of the personal data they collect and process. Organizations are required to implement appropriate technical and organizational measures to ensure the confidentiality, integrity, and security of data, as well as to comply with the key principles of the GDPR;
Harmonize data protection rules in Europe
The GDPR aims to harmonize data protection rules within the European Union (EU) so that the same data protection standards apply across all EU member states. This facilitates the free movement of personal data within the EU and prevents discrepancies between national legislations;
Increase penalties for non-compliance
The GDPR provides for significant financial penalties in cases of non-compliance with data protection rules. Companies that fail to meet GDPR requirements may face fines of up to 4% of their global annual turnover or 20 million euros, whichever is higher. This aims to deter companies from violating data protection regulations and to ensure better compliance with the GDPR.
