What are the key data tracking regulations I should know about?
Key data tracking regulations include GDPR, CCPA, and HIPAA, which govern how personal data is collected and used.
Can you explain GDPR and its impact on businesses?
GDPR, or General Data Protection Regulation, enhances data protection for individuals in the EU and imposes strict rules on data handling.
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 users to know what data is collected and to opt-out of its sale.
Are there any upcoming regulations I should be aware of?
Yes, many countries are developing new regulations, such as the proposed federal privacy law in the U.S. and updates to existing laws.
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