What are the key regulations on data collection I should be aware of?
Key regulations include GDPR in Europe, CCPA in California, and HIPAA for health data in the U.S. Each has specific requirements.
Can you explain what GDPR entails?
GDPR, or General Data Protection Regulation, focuses on data protection and privacy for individuals in the EU, giving them rights over their personal data.
What penalties exist for non-compliance with these regulations?
Penalties can be severe, including fines up to 4% of annual global turnover or €20 million, whichever is higher, under GDPR.
How can businesses ensure they comply with these regulations?
Businesses can ensure compliance by conducting regular audits, training staff, and implementing robust data protection policies.
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