What are the key regulations on data usage I should be aware of?
Key regulations include GDPR, CCPA, and HIPAA, which govern how personal data is collected, stored, and used.
Can you explain what GDPR is?
GDPR stands for General Data Protection Regulation. It's a comprehensive data protection law in the EU that enhances individuals' rights.
How does CCPA differ from GDPR?
CCPA, or California Consumer Privacy Act, focuses on consumer rights in California, while GDPR applies to all EU citizens.
What penalties exist for violating these regulations?
Penalties can be severe, including fines up to 4% of annual global revenue for GDPR violations and up to $7,500 per violation for CCPA.
Are there any upcoming changes to these regulations?
Yes, regulations are constantly evolving. It's important to stay updated on legislative changes and compliance requirements.
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