What are the key differences in data regulation across countries?

What are the key differences in data regulation across countries?

Data regulation varies significantly worldwide. For instance, the EU's GDPR emphasizes user consent and data protection, while the US has a more sectoral approach.

Can you explain GDPR and its implications for businesses?

GDPR, or General Data Protection Regulation, is a comprehensive data protection law in the EU that requires businesses to protect personal data and privacy. Non-compliance can lead to hefty fines.

How does data regulation in Asia compare to that in Europe?

In Asia, regulations like China's Personal Information Protection Law (PIPL) are becoming stricter, but enforcement and compliance vary widely compared to the EU's robust framework.

What challenges do companies face when navigating these regulations?

Companies often struggle with compliance costs, understanding diverse regulations, and ensuring data security across different jurisdictions.