The General Data Protection Regulation and its importance in companies
He General Data Protection Regulation It applies to any company or entity that processes personal data as part of its activities in the European Union (EU), regardless of where the data is processed; or a company established outside the EU that offers goods or services or monitors the behavior of people in the EU.
He General Data Protection Regulation It must be respected by all companies, including small and medium-sized enterprises; however, if the processing of personal data is not a core part of their business and their activity does not create risks for individuals, some obligations of the General Data Protection Regulation They will not apply.
As established in the General Data Protection Regulation These rules apply only to personal data concerning individuals; they do not govern data concerning companies or any other legal entity. However, information relating to sole proprietorships may constitute personal data when it allows for the identification of a natural person. The rules also apply to all personal data relating to natural persons in the course of a professional activity, such as company employees or employees' business telephone numbers.
According to the General Data Protection Regulation, The type and amount of information that a company can process will depend on the legal reason for doing so and the intended use.
Data must be processed lawfully and transparently, for specific purposes, and the company must inform individuals of these purposes when collecting their personal data. A company cannot simply collect personal data for indefinite purposes; it must also ensure that the personal data is accurate and up-to-date, taking into account the purposes for which it is processed.
He General Data Protection Regulation It also states that information should be stored for the shortest possible time. This period should take into account the reasons why the data needs to be processed, as well as any legal obligation to retain the data for a certain period. Each company should set time limits for deleting or reviewing stored data. Exceptionally, personal data may be retained for a longer period for archiving purposes in the public interest or for scientific or historical research, provided that appropriate technical and organizational measures are in place.
At the time of collecting data, individuals must be clearly informed about at least who their company is, the purpose they are pursuing, the categories of data, their justification, who else might receive their data, the categories of personal data in question, whether their personal data will be transferred to a recipient outside the EU, and their right to withdraw consent at any time.

