“GDPR” stands for General Data Protection Regulation, a comprehensive framework established by the European Union to protect individuals' personal data. Implemented in May 2018, GDPR establishes strict guidelines surrounding the collection, usage, and storage of data, reinforcing data privacy and control for consumers. Organizations that fail to comply may face significant penalties, thus emphasizing the importance of adhering to regulations. GDPR aims to enhance transparency, security, and accountability in data processing practices across all sectors, ensuring that individuals have the right to know how their data is used.