What is GDPR and how does it affect technology companies?
GDPR stands for General Data Protection Regulation. It's a regulation in EU law on data protection and privacy.
What are the main principles of GDPR?
The main principles include data minimization, purpose limitation, and ensuring data accuracy.
How can technology companies ensure compliance with GDPR?
Companies can ensure compliance by implementing data protection policies, conducting regular audits, and training staff.
What are the penalties for non-compliance?
Penalties can be severe, including fines up to 4% of annual global turnover or €20 million, whichever is higher.
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