European Union (EU)

Overview

Political and economic union of 27 European countries. Creator of GDPR (General Data Protection Regulation), the most comprehensive data privacy regulation globally.

Key Facts

  • Founded: 1993-11-01 (Maastricht Treaty)

  • Headquarters: Brussels, Belgium

  • Status: Supranational political and economic union

  • EU has 27 member states and over 448 million citizens

  • GDPR (Regulation (EU) 2016/679) took effect May 25, 2018

  • GDPR applies to any organization processing EU resident data, regardless of location

  • Violations can result in fines up to 4% of annual global revenue or 20M EUR

  • EU also created ePrivacy Directive, Data Governance Act, Digital Markets Act

  • GDPR is the most influential data privacy regulation globally

Products Mentioned in Wiki

  • technologies/security-frameworks/gdpr.md

Nist and GDPR (EU) are the two major data protection frameworks Cis