The GDPR updates and overhauls European data protection law. The GDPR places new and enhanced, ongoing obligations on all organisations with serious sanctions for breaches including fines of up to 4% of global turnover or €20m, whichever is greater. The GDPR replaces the European Data Protection Directive (95/46/EC), which dates back to 1995. While many fundamental concepts and principles remain broadly the same, the GDPR provides for significant changes which involve wide ranging impacts on a broad range of sectors.
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