Privacy Regulation

Definition of Privacy Regulation

Legal requirements governing the collection, storage, and use of personal data to protect individuals’ privacy.

Explanation of Privacy Regulation

Privacy regulation refers to laws and guidelines that govern how personal data is collected, used, stored, and shared by organizations. These regulations aim to protect individuals’ privacy rights and ensure that their personal information is handled responsibly. Examples of privacy regulations include the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA) in the United States, and the Personal Data Protection Act (PDPA) in Singapore. Compliance with privacy regulations requires businesses to implement measures such as obtaining user consent, providing transparency about data usage, ensuring data security, and allowing individuals to access and control their data. Non-compliance can result in significant fines and damage to a company’s reputation. By adhering to privacy regulations, businesses can build trust with their customers, protect sensitive information, and avoid legal repercussions. Staying up-to-date with evolving privacy laws is crucial for maintaining compliance and safeguarding personal data.

This dictionary entry was written by

Per-Gulbrand Peter Braathen

With a foundation in doctoral-level research, Per-Gulbrand Peter Braathen is a seasoned expert in the areas of marketing, branding and communication. His proficiency extends to marketing management, branding and communication strategy. Braathen's experience is underscored by his rich background from various industries, including entertainment. A distinguished alumnus of the USC Marshall School of Business, Braathen boasts a Master of Science in Marketing, complemented by a Graduate Certificate in the Business of Entertainment from the USC School of Cinematic Arts as well as two undergraduate Bachelor degrees from the esteemed University of Southern California.