The illegal collection, storage, modification, disclosure or dissemination of personal data is an offense under European law.
What kind of offense is this?
By applying the concept of least privilege to the personal data collected, stored or otherwise
processed. Incorrect. Data minimization does not address least privilege.
By limiting access rights to staff who need the personal data for the intended processing operations. Incorrect. This describes the concept of limiting authorization for instance to comply with the principle of integrity and confidentiality.
By limiting file sizes, through saving all personal data that is processed in the smallest possible format. Incorrect. Data minimization according to the GDPR is not about storage size, but about minimalizing the use of personal data.
By limiting the personal data to what is adequate, relevant and necessary for the processing purposes.
Correct. This is the essence of the description in the GDPR. (Literature: A, Chapter 2; GDPR Article 5(1)(c))
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