What are the impacts of GDPR?
An example of an AI chatbot conversation about the effects of GDPR on businesses and individuals.
What are the main impacts of GDPR on businesses?
GDPR has several impacts on businesses, including stricter data protection regulations, increased accountability, and potential fines for non-compliance.
How does GDPR affect consumer rights?
GDPR enhances consumer rights by giving individuals more control over their personal data, including the right to access, rectify, and erase their information.
Are there any penalties for violating GDPR?
Yes, businesses can face significant penalties for GDPR violations, including fines up to 4% of their annual global turnover or €20 million, whichever is higher.
What should businesses do to comply with GDPR?
To comply with GDPR, businesses should conduct data audits, implement data protection policies, and ensure transparency in data processing.
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