GDPR

GDPR (General Data Protection Regulation) is a comprehensive data protection law in the European Union that governs how personal data of EU residents can be collected, processed, and stored. It came into effect on May 25, 2018, and includes significant penalties for non-compliance.

Key Characteristics

• Territorial Scope: Applies to all companies processing EU residents' data
• Individual Rights: Strong rights for data subjects
• Data Protection Officers: Requires DPOs for certain organizations
• Breach Notification: Mandatory breach notification requirements

Advantages

• Privacy Protection: Strong protection of personal data
• Consistency: Harmonized data protection across EU
• Individual Control: Greater control for data subjects
• Security: Promotes better data security practices

Disadvantages

• Compliance Cost: High cost of achieving compliance
• Complexity: Complex requirements to understand and implement
• Penalties: Significant financial penalties for violations
• Administrative Burden: Increased administrative requirements

Best Practices

• Implement privacy by design principles
• Conduct regular data protection impact assessments
• Maintain detailed records of processing activities
• Establish clear data processing procedures

Use Cases

• Data processing for EU residents
• International data transfers
• Marketing and consent management
• Data breach response procedures