Compliance Glossary

“Copycat laws” are beginning to proliferate in the United States, and if you own a business, you may soon find that these new rules affect how you handle client data. While not exactly the same, many states are developing their own privacy laws that are modeled after California’s Consumer Privacy Act (CCPA) and share many of its fundamental ideas. 

Similar to the CCPA, these regulations usually only apply to businesses that satisfy particular requirements, such as managing significant volumes of personal data or reaching a particular revenue threshold. 

As a company owner, you will probably need to be more transparent and give your clients the ability to view, update, or withdraw their consent from having their personal data sold. You must also reply to consumer enquiries, ensure that your privacy policies are transparent, and use good security measures to safeguard sensitive data.

While every state has a slightly different approach to enforcement, most allow regulators to monitor compliance and allow consumers to sue for rights violations. 

Having to keep track of various regulations for every jurisdiction when conducting business across state boundaries can be daunting. However, as these regulations become more widespread, there’s a growing push for a federal privacy legislation that would simplify the procedure and provide a uniform standard that companies across the country would have to adhere to.