MIDTERM | M3 Flashcards
A law in the European Union (EU) that came into effect on May 25, 2018. It aims to protect the personal data of EU citizens and residents.
GENERAL DATA PROTECTION REGULATION
GDPR PURPOSE
to strengthen and unify data protection for individuals within the EU
GDPR TIMELINE
The European Commission proposes the GDPR.
January 2012
GDPR TIMELINE
The European Parliament and Council agree on the text of the GDPR.
April 2016
GDPR TIMELINE
GDPR goes into effect across the EU
May 25, 2018
GDPR TIMELINE
First fines imposed under GDPR for non-compliance.
July 2019:
What are the penalties for not complying with GDPR?
The penalties for non-compliance with GDPR can be up to €20 million or 4% of an organization’s global annual turnover, whichever is higher.