Global Regulatory Milestone: EU GDPR Officially Takes Effect

On May 25, 2018, the European Union's General Data Protection Regulation (GDPR) officially came into effect. This new regulation granted EU citizens far greater control over their personal data and required all companies worldwide that process data of EU residents to comply with strict rules, with severe penalties for non-compliance.

GDPR signaled a new era of global data regulation, forcing all companies, from large technology firms to small businesses, to redesign their data handling processes and consent mechanisms, setting a global benchmark for data privacy and digital sovereignty in the Future World.