The EU's General Data Protection Regulation (GDPR), effective from 2018, establishes a comprehensive framework for data privacy, granting individuals rights over their personal data and imposing strict obligations on organizations, with fines up to _____ of global annual turnover for violations.
- 2%
- 4%
- 6%
- 10%
Answer: 4%
GDPR's enforcement mechanism includes tiered fines: up to €20 million or 4% of global annual turnover (whichever higher) for serious infringements. It has become a global benchmark, influencing data protection laws worldwide and enhancing individuals' control over personal information.