What Role Do Regulations Play in Privacy Concerns?
Regulations play a critical role in shaping how businesses handle privacy. Laws such as the GDPR and the California Consumer Privacy Act (CCPA) set strict guidelines on data collection, storage, and usage. Compliance with these regulations is mandatory and often requires businesses to overhaul their data management practices. Non-compliance can result in severe penalties, making it imperative for companies to stay informed and adhere to legal requirements.