It's the key to ensuring your company handl user data rponsibly and legally. Still not convinc? By July 2024. A more than two thousand fin totaling more than €4.5 billion have been impos in the EU due to GDPR violations. Below is a concrete illustration Fin for non-compliance with GDPR Image via GDPR Enforcement Tracker Mastering GDPR compliance can help protect your busins from the hefty fin and build customer trust. We'll guide you through the key steps and bt practic to ensure your busins is fully GDPR compliant. What is GDPR and why is it important? What is GDPR? GDPR stands for General Data Protection Regulation.
It is a set of rul adopt by the European Union (EU) in 2018 to protect the privacy and personal data of consumers within the EU. It giv consumers greater control over how compani collect. A store. A and use their personal data. It also sets strict rul for organizations that collect and procs consumer data. But don't be afraid. It's easy to ensure your russia cell phone number list busins is GDPR compliant (and we 'll help you through the procs). Importance of GDPR for consumers In 2023. A data breach expos 8 million data records worldwide. A as you can see in the image below.
Data breach worldwide Image via Statista With the increasing frequency of data breach. A identity theft. A and misuse of personal information. A consumers are becoming increasingly cautious when sharing sensitive personal information online. This is precisely why the GDPR requir organizations to implement robust security measur to protect consumers from data breach. Thanks to the GDPR. A consumers have greater confidence that organizations handle their personal information rponsibly and securely. The GDPR also giv consumers the right to know what data organizations collect. A for what purpos. A and how they intend to use it. A the GDPR increas transparency and builds trust between consumers and organizations.