The General Data Protection Regulation (GDPR) replaces the 22-year-old EU Data Protection Directive and is intended to streamline data privacy laws across Europe and extend their reach to include some companies with no EU presence.
As most of the companies worried about this GDPR Act. Organization who collects data of any kind must implement a data protocol or risk being fined 4% of total revenue or $20 Million dollars, whichever is higher.
Every organization that is collecting data from EU citizens must have a named DP officer. This person should be empowered within the organization and represent the organization with respect to data and privacy issues.
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