How does GDPR affect data sharing?
An example of an AI chatbot conversation about GDPR's impact on data sharing.
Can you explain how GDPR affects data sharing between companies?
GDPR, or General Data Protection Regulation, imposes strict rules on how companies can share personal data. It requires explicit consent from individuals before their data can be shared.
What kind of consent is needed for data sharing under GDPR?
Under GDPR, consent must be clear, informed, and unambiguous. Companies must provide individuals with specific information about how their data will be used.
Are there any exceptions to the consent requirement?
Yes, there are exceptions. For example, data can be shared for legal obligations, vital interests, or legitimate interests, but these must be carefully justified.
What penalties do companies face for violating GDPR data sharing rules?
Companies can face hefty fines of up to 4% of their annual global turnover or €20 million, whichever is higher, for non-compliance.
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