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GDPR is a set of rules designed to provide clarity, transparency and protection for the personal information of all European Union (EU) residents. It applies to any company worldwide that stores personal information of EU residents, prohibits unauthorized access to that data, and ensures consumers understand and control their personal information is treated. (Image: ALM Media)

(Bloomberg) – From tech giant Facebook Inc. to libraries and schools, organizations are now subject to the world’s most far-reaching data privacy regulation in a crackdown aimed at protecting people from losing control over their personal information.

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