GDPR Basics Part 1: Principles Of Personal Data Processing

The newly revised EU legal framework in the field of personal data protection (GDPR) has already made the processing of personal data an increasingly important topic for businesses operating in the territories of EU member states.

With the objective to strengthen citizens' fundamental rights in the digital age and to simplify procedures for companies, the GDPR will also introduce fines for illegal personal data collection and processing that will be significantly higher than the currently effective fines. The fines, depending on the relevant circumstances, may reach up to 4% of the total worldwide annual turnover  of an undertaking  or EUR 20,000,000, whichever amount is higher.