Definition of GDPR:
General Data Protection Regulation (GDPR) is a regulation in EU law on data protection and privacy for all individuals within the European Union and the European Economic Area. It also addresses the transfer of personal data outside the EU and EEA areas.
Scope and Objectives:
GDPR aims to give individuals control over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU.
It enforces rules about data protection, requiring companies to protect the personal data and privacy of EU citizens for transactions that occur within EU member states.