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GDPR stands for General ( Data, Digital, Discrimination ) Protection Regulation.
The GDPR is a law created in the ( European, Eurapean, Europian ) Union (EU) to protect the personal data of European citizens. It's important to remember that though the GDPR legislation was passed in Europe it applies to businesses worldwide.
The GDPR came into effect in May ( 2018, 2010, 1997 ), setting new standards for data protection and privacy and changed how we are allowed to collect and process digital information.
Data is very valuable - companies (like Facebook and many others) make profits by selling our personal information to advertising agencies. The GDPR regulates what companies are allowed to do with our personal information.
So what Is classified as 'personal data' under the ( GDPR, GRDP, GPDR )? Personal data is any information that can be used to identify you including private details that you wouldn’t share with anyone you didn't know well. This includes your full name, home and mobile phone numbers, your home address, your race, religion and your date of birth. The GDPR also covers your bank account and passport numbers, your social media posts, your location data from mobile devices and your health and education records.
A breach of the GDPR is any incident that leads to your ( personal, employer's, public ) data being lost, stolen, destroyed, or changed without your instruction to alter it.
The penalties for breaking the GDPR regulations can be severe; the fines for noncompliance are up to ( 20, 200, 2 ) million Euros or 4% of a company's annual worldwide turnover.