Compliance (GDPR, PCI DSS)

Compliance with regulations like GDPR and PCI DSS means organizations follow specific laws and standards to protect personal data and secure payment information. GDPR (General Data Protection Regulation) governs how businesses collect, store, and process personal data of individuals in the EU, emphasizing privacy rights and transparency. PCI DSS (Payment Card Industry Data Security Standard) sets security requirements for companies handling credit card information, ensuring data is safeguarded against theft and fraud. Adhering to these frameworks reduces the risk of data breaches, builds customer trust, and helps organizations avoid legal penalties.