GDPR is a piece of legislation that was approved in April 2016. European authorities have given companies two years to comply and it will come into force on May 25, 2018.
It replaces a previous law called the Data Protection Directive and is aimed at harmonizing rules across the 28-nation EU bloc.
The aim is to give consumers control of their personal data as it is collected by companies. Not only will it affect organizations located within the EU, but it will also apply to companies outside of the region if they offer goods or services to, or monitor the behavior of, people in the EU.
While you don't receive the full benefits of the EU GDPR is you live outside of the EU the effect of this new law will benefit everyone that deals with giant Internet corporations like Google and Facebook. Also, while the EU GDPR may not be binding on courts outside of the EU; courts may find it persuasive when considering cases within their own jurisdictions.
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