May 25, 2021 marked three years since the beginning of the implementation of the General Data Protection Regulation (GDPR). During this time, the regulation was established as the „gold standard” globally in the field of privacy. In the context of globalization, digital society and the digital transformation of more and more spheres of life, the European Union seeks to strengthen its leading position in the field of personal data protection and full respect of human rights. Under the regulation the citizens have increasing control over their personal data and are increasingly aware of their rights.
The General Data Protection Regulation guarantees the free flow of personal data between EU Member States. Outside Europe, it creates opportunities to promote data flows based on high standards between countries that share EU values. More and more countries around the world are adopting data protection rules, using the EU standard in this area as a starting point. This convergence opens up new opportunities for secure data flows between the EU and third countries.
The Regulation compliance helps businesses to increase the security of their data and to use privacy as a competitive advantage.
The Regulation gives national data protection authorities more powers and opportunities to coordinate their actions through the new cooperation mechanisms within the European Data Protection Board, in order to achieve a consistent application of the European legal framework.