California Privacy Law Now in Effect
(December 31, 2019 & January 2, 2020)
A new California state privacy law took effect on Wednesday,
January 1, 2020. The California Consumer Privacy Act (CCPA) requires
companies to disclose what data they collect from consumers and how they
plan to use them. The CCPA also allows consumers to request that their
data not be sold and that the companies delete their data. The law
applies to companies that have revenue of $25 million or more and that
make more than half of their money selling data, and to companies that
collect data on 50,000 or more individuals. California’s attorney
general says the law will start being enforced until July 1, 2020. - www.theverge.com: No one is ready for California’s new consumer privacy law - threatpost.com: California Adopts Strictest Privacy Law in U.S. - isc.sans.edu: CCPA - Quick Overview Ready for the New York SHIELD Act?New Law Expands Consumer Protections and Give AG Additional OversightThe law, signed by New York Democratic Gov. Andrew Cuomo on July 25, will go into full effect on March 21, 2020. The bill updates the state's current cybersecurity laws when it comes to breaches and notifications to residents. In addition, the bill provides more protections for consumers who have had their personal data compromised. The SHIELD Act also gives the New York Attorney General's Office greater oversight when it comes to data breaches that affect the state's residents and how victims are notified. "This bill is an important step forward providing greater protection for consumer's private information and holding companies accountable for securing that data," Attorney General Letitia James noted when the bill passed in July. https://www.bankinfosecurity.com/ready-for-new-york-shield-act-a-13564?rf=2020-01-04__SUB_BIS__Slot1_ART13564&mkt_tok=eyJpIjoiWkRkaE16WTJOek00WTJGaiIsInQiOiJlYlFvOXNFaHozK2RPM1ZwSnVBRVwvbHorVFRsMGlMdVNzSUdZSzNnb25MM0hlXC9cL3hmK01QaDRkblRPakZsbE9HOWFnVmJ5QmFvOHZJb251bXUwZDJ3RHZ5VHkxTzlLMGZKUDZvcVFjZUFxUnd2c01HVDd3SmViam1IWGRnNmtabSJ9 |