Data Privacy: Research on How Banks Handle Customer Data in Compliance with Regulations like GDPR

Banks face growing supervision regarding their responsibility to protect client data in accordance with the GDPR together with other strict data protection laws during this period when customer privacy represents a top priority. Banks implement processes to maintain compliance between GDPR and other data protection statutes through their management of customer information. The research analyzes banking institutions' defensive actions through encryption protocols and access restriction protocols and anonymity implementation methods to protect customer data. Multiple barriers interrupt the process of banks integrating regulatory compliance mandates with operational aspects