General Data Protection Regulation (GDPR): GDPR requires the secure and confidential destruction of personal data when it is no longer needed for the purpose for which it was collected.
The General Data Protection Regulation (GDPR) is a regulation passed by the European Union (EU) in 2016 that governs the protection of personal data of individuals within the EU. The regulation went into effect on May 25, 2018, and applies to any organization that processes personal data of EU residents, regardless of where the organization is located.
The GDPR aims to give individuals more control over their personal data and to harmonize data protection laws across the EU. It provides a comprehensive set of rules for the collection, processing, and transfer of personal data, including the following key requirements:
Consent: Organizations must obtain valid and explicit consent from individuals to collect and process their personal data.
Data subject rights: Individuals have the right to access, rectify, and delete their personal data, as well as the right to object to its processing and to receive a copy of their data.
Data protection by design and default: Organizations must implement technical and organizational measures to ensure that personal data is processed securely and in accordance with the GDPR.
Data breach notification: Organizations must notify the supervisory authority and affected individuals of any personal data breaches within 72 hours of becoming aware of the breach.
Data protection officers: Organizations must appoint a Data Protection Officer (DPO) if they process certain types of personal data, such as data relating to criminal convictions or large amounts of sensitive personal data.
The GDPR imposes significant penalties for non-compliance, including fines of up to 4% of global annual revenue or €20 million, whichever is higher. It is important for organizations to ensure that they are in compliance with the GDPR to protect individuals’ personal data and avoid potentially significant penalties.