What are the legal implications of a data breach for a company?
A data breach can lead to significant legal consequences, including fines, lawsuits, and regulatory scrutiny.
What kind of fines can a company face?
Fines can vary widely depending on the jurisdiction and the severity of the breach, sometimes reaching millions of dollars.
Are there any specific laws that companies need to comply with?
Yes, laws like GDPR in Europe and CCPA in California impose strict requirements on data protection and breach notifications.
What steps should a company take after a data breach?
Companies should notify affected individuals, report the breach to authorities, and conduct a thorough investigation.
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