GDPR
An acronym for the General Data Protection Regulation. This is a data protection law that applies to all 28 Member States of the European Union.The aim of the GDPR is to set a high standard for data protection, and to provide one set of data protection rules for the entire EU. The 99 articles of the GDPR set forth several fundamental rights of data protection, including the right to be informed, right of access, right to rectification, right to erasure/to be forgotten, right to restrict processing, right to data portability, right to object and rights in relation to automated decision making and profiling.Those rules set by the GDPR apply to any organization that processes the personal data of EU residents, whether that organization itself is based in the EU or not. The GDPR modernizes the principles from the EU's 1995 Data Protection Directive and applies to personal data of EU citizens from that is processed by what the regulation calls data controller and data processors. Financial penalties for non-compliance reach up to USD $24M, or 4% percent of worldwide annual turnover, whichever is higher.
Related Terms
The right for individuals to correct or amend information about themselves that is inaccurate.
Data that must be protected from unauthorized access to safeguard the privacy or security of an individual or organization. According to NIST, this represents information, the loss, misuse, or unauthorized access to or modification of, that could adversely affect the national interest or the conduct of federal programs, or the privacy to which individuals are entitled under 5 U.S.C. Section 552a (the Privacy Act), but that has not been specifically authorized under criteria established by an Executive Order or an Act of Congress to be kept classified in the interest of national defense or foreign policy.GDPR refers to this as sensitive personal data that represents a mixture of private opinions and health information that falls into specialized, legally protected categories. Businesses must treat this data with the highest security.
