The conversation between human and AI assistant.
What are some bad things that could happen because of 2018 General Data Protection Regulation in EU?
Are there any other potential negative impacts on businesses?
Yes, there could be the risk of fines or penalties for non-compliance, which could be significant for smaller businesses. Also, GDPR requires companies to report data breaches within 72 hours, which could damage a company's reputation if they fail to do so.