How does GDPR affect small businesses?
An example of an AI chatbot conversation about GDPR's impact on small businesses.
What is GDPR and how does it impact small businesses?
GDPR stands for General Data Protection Regulation. It affects small businesses by imposing strict rules on how they collect, store, and process personal data.
What kind of data does GDPR protect?
GDPR protects personal data, which includes any information that can identify an individual, such as names, email addresses, and phone numbers.
Are there any penalties for non-compliance?
Yes, businesses can face hefty fines for non-compliance, which can be up to 4% of their annual global turnover or €20 million, whichever is higher.
How can small businesses ensure they comply with GDPR?
Small businesses can ensure compliance by conducting data audits, updating privacy policies, and training staff on data protection practices.
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