All about the GDPR: definition, principles and key obligations to understand this essential regulation
Failure to comply with the GDPR exposes organisations to financial penalties of up to €20 million or 4% of global turnover, whichever is greater. For example, a company that neglects the security of its users’ data can be subject to a considerable fine. These penalties are intended to encourage companies to comply with data protection standards, ensuring the confidentiality of personal information.