GDPR

GDPR sets the global standard for data privacy, requiring organizations worldwide to protect EU residents' personal data regardless of where processing occurs.

Why it matters

• Non-compliance risks fines up to €20M or 4% of global annual revenue.
• Applies to any organization processing EU residents' data, regardless of location.
• Data breaches must be reported within 72 hours to authorities.
• Customers can request data deletion, portability, and access to their information.
• Privacy violations damage brand reputation and customer trust.

Key requirements

• Lawful basis: Explicit consent or legitimate interest for data processing.
• Data minimization: Collect only what's necessary for stated purposes.
• Privacy by design: Build privacy protections into systems from the start.
• Data protection officer: Required for large-scale processing operations.
• Breach notification: 72-hour reporting requirement to supervisory authorities.
• Subject rights: Access, rectification, erasure, portability, and objection.
• International transfers: Adequate safeguards for data leaving the EU.

Implementation checklist

• Conduct data mapping and inventory.
• Update privacy policies and consent mechanisms.
• Implement data subject rights procedures.
• Establish breach notification workflows.
• Document processing activities and legal basis.
• Review vendor contracts for data processing agreements.