Interesting Facts About Privacy Global
Yes, data privacy compliance is generally mandatory, meaning businesses are legally required to comply with data privacy regulations depending on the location where they operate and the type of data they collect, which can result in penalties if not followed properly; prominent examples include the GDPR (General Data Protection Regulation) and CCPA (California Consumer Privacy Act).
If your organization doesn't comply with relevant regulations or laws, you could face serious consequences like hefty fines, legal actions, reputational damage, loss of customer trust, operational disruptions, potential business closures, and even criminal charges depending on the severity of the non-compliance and the industry you operate in.
