Avoid fines from strict privacy regulations

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MasudIbne756
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Joined: Sat Dec 21, 2024 3:45 am

Avoid fines from strict privacy regulations

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alex saved the company’s reputation and cost of downtime — but many industries and geographies are additionally bound by strict data protection and privacy regulations. Failing to meet data compliance requirements can lead to severe legal consequences and fines. In total, fines for the general data protection regulation (gdpr), a european data and privacy law, have alone reached over $4.4 billion. Utilizing a backup and restore product allows the company to retain and protect personal data records, ensuring adherence to global data handling requirements while avoiding penalties.


Get to know the privacy laws
california’s data privacy act impacts companies outside america phone number list the state as well. Learn the details on trailhead, the free online learning platform from salesforce.

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california consumer privacy act basics


consider an example of an e-commerce company named “techtrends.” techtrends operates in the european union and deals with a substantial amount of customer data, including personal information such as names, addresses, and payment details. As an eu-based company, techtrends must comply with the general data protection regulation (gdpr).

One day, techtrends encounters a security breach caused by a sophisticated cyberattack. Hackers infiltrate the company’s database, gaining unauthorized access to a significant portion of sensitive customer data. The company initiates a security investigation and informs the relevant data protection authorities as required by gdpr regulations.
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