What is the impact of regulations on security in the tech industry?
Regulations play a crucial role in enhancing security by setting standards that companies must follow to protect data.
Can you give examples of specific regulations that affect security?
Sure! Examples include GDPR in Europe, HIPAA in healthcare, and PCI DSS for payment card security.
How do these regulations affect small businesses?
Small businesses may face challenges in compliance due to limited resources, but regulations can also help build customer trust.
What are the consequences of not following these regulations?
Non-compliance can lead to hefty fines, legal issues, and damage to reputation, which can be detrimental to any business.
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