How does GDPR affect technology companies?
GDPR imposes strict data protection regulations that technology companies must follow to protect user privacy.
What are the main requirements for compliance?
Main requirements include obtaining user consent, ensuring data portability, and implementing data protection by design.
What are the penalties for non-compliance?
Penalties can reach up to 4% of annual global turnover or €20 million, whichever is higher.
How can companies ensure they are compliant?
Companies can ensure compliance by conducting regular audits, training staff, and appointing a Data Protection Officer.
Are there any exceptions to GDPR?
Yes, there are exceptions for certain types of data processing, such as for national security or public interest.
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