The tech giants that the CCPA attempted to target were able to escape liability by capitalizing on a convenient loophole that excluded data analytics from the definition of a sale. New CCPA enforcement letters could have major implications for the broader data ecosystem —
third-party data may disappear as we know it. The time has come to provide consumers with value for opting in.
New consumer privacy laws and innovative fraudsters have given security professionals much to do in a supercharged digital economy. As our digital footprints widen, bad actors are finding increasingly sophisticated ways to access troves of personal information and sensitive data.
The Colorado Privacy Act (CPA) passed yesterday in the state's senate and will go into effect in July 2023 – creating an additional regulation that organizations must comply with or face hefty fines and eroding consumer trust.
On March 15, 2021, the California Attorney General’s office announced that the Office of Administrative Law has approved the Attorney General’s proposed changes to the CCPA regulations. The new regulations make three general changes relating to the right to opt out of sales and one change to authorized agent requests. In addition, the Attorney General’s press release reaffirms that enforcement activities are proceeding.
Four different states (Washington, Virginia, Oklahoma and Minnesota) are on track to enact new data privacy laws in 2021, but are businesses ready to comply with state-by-state regulations? This patchwork of legislation could leave companies confused and vulnerable to legal action if they are unprepared.
Consumers flocked to Amazon to indulge in Prime Day deals and start their holiday shopping early this year – specifically, home office gadgets and home connected devices like smart assistants, tablets, doorbells and more. And overall, retail sales continue to grow to near pre-pandemic levels with electronics a big part of it as consumers stock their home office and arm their kids with devices now needed for virtual school.
But are consumers thinking about their “home cybersecurity?”
A new global study by the Economist Intelligence Unit and TransUnion has overwhelmingly found the key to whether or not companies go out of business hinges on providing consumers friction-right digital transactions. Nearly 85% of global executives surveyed as part of the study said they believe smooth digital transactions are “essential to business survival” rather than merely a competitive edge.