ELI5: Explain Like I'm 5

Data Act (European Union)

The Data Act in the European Union is a set of rules that explain how companies and other organizations should handle information that they collect about people. This information could be things like your name, your birthday, your address, or your credit card number – basically anything that could be used to identify you.

The goal of the Data Act is to protect people's privacy and make sure that companies are using this information responsibly. So if a company wants to collect information about you, they have to ask for your permission first. And if they do collect information, they have to keep it safe and secure so that it doesn't get into the wrong hands.

The Data Act also gives people the right to see what information companies have collected about them, and to ask the companies to delete that information if they want to.

Overall, the Data Act is a way to help keep people's personal information safe and give them more control over how it's used.