The EU’s General Data Protection Regulation (GDPR), also known as DSGVO in German, and RGPD in French, is a regulation that applies to companies, non-profit organisations, and public entities worldwide to strengthen data protection for all individuals within the European Union (EU).
Why is it important?
You can be fined up to 4% of your yearly revenue for data/privacy breaches or non-compliance, according to Article 83 of the GDPR.