The General Data Protection Regulation (GDPR), enacted by the European Union in 2018, is a comprehensive law that governs how organizations collect, process, store, and use the personal data of EU citizens. GDPR ensures individuals have greater control over their data, promoting transparency, security, and lawful handling practices.

GDPR applies to:

• Companies based in the EU.

• Organizations worldwide that process the personal data of EU citizens.

Core Principles of GDPR Compliance

• Clear Consent: Individuals must provide explicit consent for data collection.

• Data Rights: Individuals can access, correct, and request deletion of their information.

• Data Security: Organizations must implement robust measures to protect personal data.

• Breach Notifications: Companies must promptly notify authorities and individuals in case of a data breach.

Non-Compliance Penalties

Failure to adhere to GDPR regulations can result in severe fines:

• Up to 4% of global revenue or €20 million, whichever is higher.

FYDI Global’s Commitment to GDPR Compliance

At FYDI Global, we prioritize GDPR compliance to ensure secure, lawful, and transparent handling of personal data. Our processes align with the regulation’s principles, offering peace of mind to our clients and protecting individuals’ rights.

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