Which standards are set forth by the General Data Protection Regulation (GDPR) for compliance by companies handling individuals' data?

The General Data Protection Regulation (GDPR) establishes comprehensive standards for how companies must handle personal data of individuals. One of the key requirements is prompt notification of data breaches to affected individuals and relevant authorities, which emphasizes transparency and accountability in data handling practices.

Additionally, hiring a data protection officer is a mandatory requirement for certain organizations that process large volumes of personal data or engage in regular monitoring of data subjects. This role is crucial for ensuring compliance with the GDPR and managing data protection activities effectively.

Moreover, the regulation encourages the anonymization of data when feasible, which helps protect individual privacy by rendering personal data unusable for identification purposes.

Since all these elements contribute to the overarching goal of enhancing individuals' privacy rights and protecting their data, the correct answer encompasses all the requirements specified under GDPR compliance. Each component works together to form a robust framework for data protection.