How does GDPR affect businesses?
An example of an AI chatbot conversation about GDPR's impact on businesses.
Can you explain how GDPR affects businesses?
GDPR, or General Data Protection Regulation, imposes strict rules on how businesses handle personal data of EU citizens.
What are the main requirements businesses need to comply with?
Businesses must ensure data protection by design, obtain explicit consent, and provide transparency about data usage.
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.
How can small businesses ensure they comply with GDPR?
Small businesses can start by conducting a data audit, updating privacy policies, and training staff on data protection.
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