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The Data Protection Act is a significant piece of legislation that governs how personal data is collected, stored, and processed. It aims to safeguard the privacy of individuals by imposing strict rules on organizations that handle personal information. Key principles include the necessity of obtaining consent from individuals when collecting their data, ensuring data is processed fairly and lawfully, and providing individuals with rights over their data, such as the right to access and rectify their information. Organizations must also have appropriate measures in place to protect personal data from breaches and unauthorized access. Compliance with the Data Protection Act is crucial for fostering trust and accountability in how data is managed.