The EU General Data Protection Regulation (GDPR) is considered the most important change in data privacy regulation in 20 years. The regulation protects the data of all EU subjects regardless of the country in which they reside or the platform on which their data resides.
EU Data protection law has been transformed and GDPR is now fully enforceable in the Cyprus and the rest of the world. Under GDPR, the requirements to justify and document your personal data processing are onerous and the penalties for non-compliance will be substantial.
Wherever personal data is collected, stored, used, and finally deleted or destroyed, privacy concerns arise. With the EU General Data Protection Regulation (GDPR) the Council of the European Union aims to strengthen and unify data protection for all individuals within the European Union (EU). This regulation affects every organization that processes personal data of EU citizens.
With the ever increasing explosion of information flooding the internet, every company needs to plan how to manage and protect privacy of persons and their data. Not without a reason, many new laws within the EU, as well as in the USA and many other regions, are formed in order to regulate both privacy and data protection.
The European Commission has published the EU General Data Protection Regulation (GDPR), meaning that from the 25th of May 2018 on, all organizations concerned must comply with specific rules.