What are the penalties for violating GDPR in technology?
An example of an AI chatbot conversation about GDPR penalties in technology.
What are the penalties for violating GDPR in technology?
Penalties for violating GDPR can be severe, including fines up to €20 million or 4% of annual global turnover.
Are there different penalties for small businesses?
Yes, small businesses may face lower fines, but they are still required to comply with GDPR regulations.
What types of violations can lead to penalties?
Common violations include failing to obtain consent, not reporting data breaches, and inadequate data protection measures.
How can companies avoid these penalties?
Companies can avoid penalties by implementing strong data protection policies, training staff, and conducting regular audits.
Is there a grace period for compliance?
There is no official grace period, but regulators may provide guidance and support for companies working towards compliance.
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