According to GDPR principles, what is the requirement of data minimization?

The principle of data minimization under the General Data Protection Regulation (GDPR) emphasizes that organizations should only collect and process personal data that is necessary to achieve a specific purpose. This means that data collection should be limited to what is directly relevant and necessary for the intended function, thus minimizing the amount of personal data at stake. By adhering to this principle, organizations can reduce the risk of data breaches, ensure compliance with regulations, and foster trust with users by demonstrating responsible data practices. This approach not only safeguards individuals' privacy but also streamlines data management efforts within the organization, ensuring that they do not hold onto excessive data that may not be needed.