Despite costly fines and an increasingly-regulated environment, organizations of all sizes are not fully prepared for compliance with data privacy and data protection regulations like the GDPR.
The United States and the European Commission have reached a deal in principle regarding the transfer and storage of European data on U.S. soil. Data privacy experts warn that the commitment may be too vague to maintain cybersecurity standards.
Data privacy legislation has popped up across the United States, largely regulated by individual states. The California Privacy Rights Act (CPRA) has wide-reaching effects for U.S. enterprise organizations.
Meta has been fined $18.9 million by the Irish Data Protection Commission for Facebook’s 2018 data breaches that violate data security and privacy, according to the European Union’s General Data Protection Regulation (GDPR).
From the early stages of the internet, personal identifiable information (PII) has been stored, managed and used by companies. As data privacy has evolved, so has the security standpoint behind collecting user data.
Organizations are also navigating an increasingly complex regulatory landscape where failure to comply can and has led to costly fines, a damaged corporate reputation, and lost business opportunities. Data has truly proven to be an invaluable asset, but also an unbounded risk if not properly managed.
COVID-19 wasn’t the only thing to sweep the globe in 2020 — the year also brought a wave of privacy legislation. Major players, including Brazil, Canada and China, all introduced privacy legislation that closely aligns with the EU General Data Protection Regulation. And in the U.S., California debuted the highly anticipated California Consumer Privacy Act (CCPA) and quickly followed up by approving the California Privacy Rights Act of 2020 (CPRA), which modifies the existing CCPA obligations and introduces new ones. So, what’s in store for 2021?
New research reveals 66% of home workers in the U.K. are potentially breaching GDPR regulations by printing work related documents at home, including meeting notes, contracts, commercial documents, payroll documents, CVs and more. Many are aware of GDPR rules, however, say they have no choice but to print such documents while working remotely.