GDPR is the General Data Protection Regulation, also referred to as Regulation (EU) 2016/679. It has been created by the European Parliament and Council to strengthen and unify data privacy for EU individuals as well as to regulate the international transfer of their data. It replaces the prior Data Protection Directive (95/46/EC) of 1995 and, as a regulation instead of a directive, now is applicable immediately on enforcement date without requiring individual transpositions by member state legislation. The EU regulation has consolidated the many different data protection regulations which are spread across all EU member countries.
Businesses will no longer be able to use personal data for their own competitive advantage and must follow a clear set of rules to ensure data is processed in a fair and consistent manner. GDPR is a game-changer in how Organizations look at the Data Privacy of their customers and how they build it into their design philosophies.
Based on the GDPR multiple countries or governments have passed their own version of Data Privacy laws such as PDPA, CCPA, etc.
Data Privacy is a big concern, globally.