What is GDPR and why is it important?
An example of an AI chatbot conversation about understanding GDPR and its significance.
What is GDPR and why is it important?
GDPR stands for General Data Protection Regulation. It's a regulation in EU law on data protection and privacy.
How does GDPR affect businesses?
GDPR requires businesses to protect the personal data of EU citizens and gives them rights over their data.
What are the penalties for not complying with GDPR?
Penalties can be severe, including fines up to 4% of annual global turnover or €20 million, whichever is higher.
Can individuals request their data under GDPR?
Yes, individuals have the right to access their personal data and request corrections or deletions.
What steps should a company take to comply with GDPR?
Companies should conduct data audits, update privacy policies, and implement data protection measures.
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