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GDPR Frequently Asked Questions
What does GDPR stand for?
General Data Protection Regulation.
What is the GDPR?
The GDPR is a piece of EU legislation passed by European Parliament.
What is the GDPR Act?
At its core, the GDPR act is a new set of rules designed to give EU individuals more control over their personal data.
Is GDPR legislation/law?
When did GDPR begin?
May 25th 2018.
What is GDPR replacing?
The GDPR replaces the 1995 EU Data Protection Directive and goes into force on May 25, 2018. It also supersedes the 1998 UK Data Protection Act.
What does GDPR mean?
It’s a new set of rules that came into effect on May 25th 2018 which aims to make it simpler for people to control how companies use their personal details.
What happens if a company does not respond within 30 days?
If a company breaches its obligations under the GDPR, it may be subject to an administrative fine of up to €20 million or 4% of the undertaking’s worldwide annual turnover, whichever is higher. Regulatory bodies will consider a number of factors when determining the level of fine, including the nature, gravity and duration of the breach; the level of damage suffered by individuals; and any action taken by the organisation to mitigate the damage suffered by individuals.
Regulatory agencies will also have the ability to impose a wide range of sanctions, including specific compliance orders and a ban on processing personal data.
Additionally, organisations that breach the GDPR may be subject to private claims for compensation by individuals or consumer protection bodies on behalf of individuals.