What Are the Requirements for GDPR Compliance?
The General Data Protection Regulation (GDPR) is a data privacy law introduced by the European Union (EU) that came into effect on May 25, 2018. It governs how organizations collect, store, and manage personal data of individuals within the EU. GDPR compliance is essential for any business that handles the personal data of EU citizens, regardless of where the organization is based. Non-compliance can lead to significant fines and reputational damage. Understanding the key requirements of GDPR is critical for ensuring lawful data practices and building trust with customers. 1. Lawful Basis for Data Processing Organizations must have a lawful basis for collecting and processing personal data. GDPR defines six lawful bases, including consent, performance of a contract, legal obligation, vital interests, public task, and legitimate interests. Businesses must determine and document the lawful basis for each data processing activity they carry out. 2. Informed Conse...