What are the key laws and regulations regarding data breaches?
Key laws include GDPR, CCPA, and HIPAA, which set standards for data protection and breach notifications.
How does GDPR affect companies outside the EU?
GDPR applies to any company processing EU residents' data, regardless of where the company is based.
What are the penalties for non-compliance with these laws?
Penalties can range from fines to legal action, with GDPR imposing fines up to 4% of annual global turnover.
Can you explain the difference between GDPR and CCPA?
GDPR is broader in scope and applies to all personal data, while CCPA focuses on consumer rights in California.
What steps should a company take after a data breach?
Companies should assess the breach, notify affected individuals, report to authorities, and improve security measures.
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