Regardless of industry, no company can escape the widespread reach and impact of data. Whether a company is collecting account information from customers or aggregating platform usage data, handling large amounts of data has become the norm. While this creates boundless new opportunities for businesses in analytics and real-time decisioning, it also introduces new risks that organizations need to consider and prevent where possible.
On Friday, August 14, 2020, the California Office of Administrative Law (OAL) approved the California Office of the Attorney General’s (OAG) final CCPA regulations and filed them with the California Secretary of State (SOS). The regulations were immediately effective. Notably, the final text of the regulations submitted to the SOS was modified from the one filed with the OAL. The OAG published an Addendum to the Final Statement of Reasons setting forth the changes. Many of the changes are stylistic and grammatical. However, some of the changes are substantive and will impact compliance efforts. The most notable changes are discussed below.
“There are only two types of companies: those that have been hacked, and those that will be.” When former FBI Director Robert Mueller spoke those words in 2012, he sounded hyperbolic. Almost a decade later, it seems prophetic.
More companies are doing more business online to survive the pandemic, and that’ll create even more data privacy concerns going forward. At the same time, new privacy regulations have taken hold, most notably the California Consumer Privacy Act. What are 5 steps to achieve compliance?
The CCPA has forced enterprises to rethink the types of personal information they collect and share, and the policies and procedures they implement to safeguard that data. Are enterprises prepared for the CCPA?
Studies and surveys consistently show that cybersecurity and data protection is one of the top five concerns of internal auditors, who worry that their organizations lack the internal resources to deal with security risks. On January 1, 2020, the California Consumer Privacy Act (CCPA) became effective, requiring new data privacy measures at most US organizations. Yet it is estimated that less than 10 percent are fully prepared for compliance with CCPA. Unfortunately, in this case, ignorance is not bliss and may result in hefty fines.
When California Governor Jerry Brown signed Senate Bill 327 on September 28, California became the first state to enact legislation expressly governing cybersecurity measures that must be employed by manufacturers of Internet-connected “smart” devices, collectively known as the Internet of Things (IoT). The law, to be codified at California Civil Code Sections 1798.91.04–06, became effective on January 1, 2020.
This month, Security magazine brings you the 2020 Guarding Report - a look at the ebbs and flows security officers and guarding companies have weathered in 2020, including protests, riots, the election, a pandemic and much more. Industry experts discuss access management and security challenges during COVID-19, GSOC complacency, the cybersecurity gap, end-of-year security career reflections and more!