What Legal Regulations Should Entrepreneurs Be Aware Of?
Entrepreneurs must be aware of various data protection regulations that apply to their business. Some of the most prominent include:
GDPR: The General Data Protection Regulation is a comprehensive data protection law that applies to businesses operating in or with customers in the EU. CCPA: The California Consumer Privacy Act offers data protection rights to consumers in California and imposes requirements on businesses regarding data handling and privacy. HIPAA: For businesses in the healthcare sector, the Health Insurance Portability and Accountability Act sets standards for protecting sensitive patient information. Other Local Laws: Depending on your market and location, there may be additional local data protection laws that you need to comply with.