What is one of the risks of non-compliance with GDPR?

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Multiple Choice

What is one of the risks of non-compliance with GDPR?

Explanation:
Non-compliance with GDPR carries serious financial consequences. The regulation allows authorities to impose large fines to deter breaches. The maximum penalty is up to 20 million euros or 4% of the company’s worldwide annual turnover from the previous year, whichever is higher. For many organizations, that 4% figure translates into penalties that can be extremely large, making fines a real and constant risk of non-compliance. This is why the potential for hefty fines is a central consideration for any organization handling personal data under GDPR, driving the need for strong data protection measures, clear lawful bases for processing, transparent privacy notices, robust security, and proper breach response. While enforcement can also involve corrective actions or other remedies, fines are the most prominent risk, and there isn’t an automatic automatic license-based penalty as a standard outcome.

Non-compliance with GDPR carries serious financial consequences. The regulation allows authorities to impose large fines to deter breaches. The maximum penalty is up to 20 million euros or 4% of the company’s worldwide annual turnover from the previous year, whichever is higher. For many organizations, that 4% figure translates into penalties that can be extremely large, making fines a real and constant risk of non-compliance. This is why the potential for hefty fines is a central consideration for any organization handling personal data under GDPR, driving the need for strong data protection measures, clear lawful bases for processing, transparent privacy notices, robust security, and proper breach response. While enforcement can also involve corrective actions or other remedies, fines are the most prominent risk, and there isn’t an automatic automatic license-based penalty as a standard outcome.

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