Data Compliance

Question 1

What is data compliance?

Answer 1

Adhering to laws and regulations governing data collection, storage, and usage.

Question 2

What are the key goals of data compliance?

Answer 2

Ensuring data accuracy.
Providing transparency in data usage.
Protecting sensitive information.
Tracking data storage and usage.

Question 3

What are the key data compliance regulations?

Answer 3

General Data Protection Regulation ( Focuses on individual rights and data protection
within the European Union
*
California Consumer Privacy Act ( Protects the personal information of California
residents
*
Payment Card Industry Data Security Standard (PCI DSS) Mandates security standards for
handling payment card information
*
Health Insurance Portability and Accountability Act ( Safeguards patient health
information
*
Family Educational Rights and Privacy Act ( Protects the privacy of student
education records

Question 4

What is GDPR, and who does it apply to?

Answer 4

General Data Protection Regulation, is a data protection law in the EU ensuring data privacy and security.
Applies to any company handling EU citizens’ data, even if outside the EU.

Question 5

What are the key aspects of GDPR compliance?

Answer 5

Consent-based data collection.
Right to access and erasure.
Data security and breach notification.
Accountability and compliance.

Question 6

What was Google’s GDPR violation and penalty?

Answer 6

Google failed to inform users about data usage and was fined €50 million

Question 7

What was the Cambridge Analytica scandal about?

Answer 7

Facebook allowed Cambridge Analytica to harvest user data without consent for political advertising.

Question 8

What happened in the Equifax data breach?

Answer 8

Affected 147 million people, exposing sensitive information like Social Security numbers.

Question 9

What are best practices for ensuring data compliance?

Answer 9

Proper data classification.
Limiting access to data.
Regular audits.
Employee training.
Encrypting sensitive data.

Question 10

How can businesses balance data privacy with business needs?

Answer 10

They must ensure compliance while using data ethically to maintain customer trust.

Question 11

How to deal with a real life scenario of data compliance?

Answer 11

It is in the document