General Data Protection regulation (GDPR) is a new legal framework formalized in the Europe Union (EU) in 2016. It is expected that all the applicable organizations will be following the GDPR starting from May 2018.
One can easily get a wrong impression about the GDPR by understanding it as an attempt to constrain the processing of personal data belonging to individuals for the commercial purposes. But the reality is:
It’s important to understand that the GDPR does not try to restrict or prohibit free movement of personal data “within the EU”. Instead, it strengthens fundamental right to protect personal data and freedom of individuals. The GDPR also provides clear process and safeguard measures to transfer personal data outside the EU.
Source: Gunathunga, S. (2017, September 10). An overview guide to understand the GDPR regulation. Medium. Retrieved from https://medium.com/@sagarag/should-you-bother-about-gdpr-4fe46f0b9e68