What are the key regulations governing big data?
An example of an AI chatbot conversation about big data regulations and compliance.
What are the key regulations governing big data?
Key regulations include GDPR, CCPA, and HIPAA, which focus on data privacy and protection.
Can you explain GDPR and its impact on businesses?
GDPR, or General Data Protection Regulation, enforces strict data protection and privacy for individuals in the EU, impacting how businesses handle personal data.
What penalties do companies face for non-compliance?
Companies can face hefty fines, up to 4% of their annual global turnover or €20 million, whichever is higher.
How does CCPA differ from GDPR?
CCPA focuses on consumer rights in California, allowing more control over personal data, while GDPR applies to EU citizens and has broader implications.
What steps should a company take to ensure compliance?
Companies should conduct data audits, implement privacy policies, train employees, and appoint a Data Protection Officer.
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