What is the impact of GDPR on data analytics?
GDPR has significantly changed how organizations handle data analytics by enforcing stricter data protection regulations.
Can you explain how it affects data collection?
Under GDPR, data collection must be transparent, and users must give explicit consent for their data to be used.
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 companies ensure compliance?
Companies can ensure compliance by implementing data protection policies, conducting regular audits, and training staff.
Are there any exceptions to GDPR for data analytics?
Yes, there are exceptions, such as for anonymized data, which is not subject to GDPR regulations.
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