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The General Data Protection Regulation (Regulation (EU) 2016/679), [1] abbreviated GDPR, is a European Union regulation on information privacy in the European Union (EU) and the European Economic Area (EEA).
The General Data Protection Regulation (GDPR) is a European Union regulation that specifies standards for data protection and electronic privacy in the European Economic Area, and the rights of European citizens to control the processing and distribution of personally-identifiable information.
A privacy policy is a statement or legal document (in privacy law) that discloses some or all of the ways a party gathers, uses, discloses, and manages a customer or client's data. [1]
The EC then set a compliance date of 25 May 2018, giving businesses around the world a chance to prepare for compliance, review data protection language in contracts, consider transition to international standards, update privacy policies, and review marketing plans.
Only 900 organizations provided a link to their privacy policies, and for 421, the document was unavailable. Numerous policies were only one to three sentences long, containing "virtually no information". Many entries appeared to confuse privacy compliance with security compliance and showed a "lack of understanding about the Safe Harbor program".
In order to bridge these different privacy approaches and provide a streamlined means for U.S. organizations to comply with the Directive, the U.S. Department of Commerce in consultation with the European Commission developed a "safe harbor" framework. In order for the framework to be enforced, companies must publicly publish a privacy policy. [49]
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