In todays era the laws concerning data privacy and security have grown more crucial. Governments globally have implemented regulations to safeguard individuals’ privacy and data security amid the surge, in sharing of information.
A hot topic, in the field of data privacy and security is the enforcement of the General Data Protection Regulation (GDPR) within the European Union (EU). The GDPR was put into action in May 2018. Serves as a data privacy law designed to empower individuals with greater authority over their personal information while also simplifying the regulatory landscape, for companies based in the EU. The GDPR enforces stringent rules, on businesses that gather and handle information which involve acquiring consent from individuals before gathering their information and putting in place security measures to safeguard the privacy and accuracy of the data while also granting individuals the ability to view and remove their data when needed.
A current point of interest, in the realm of regulations concerning privacy is the California Consumer Privacy Act (CCPA) which was put into effect in 2018 and was set to be enforced starting January 2020. The CCPA is widely regarded as a privacy law in the United States with a focus on empowering residents of California to have authority, over their own personal information. The California Consumer Privacy Act (CCPA) gives individuals the ability to learn about the personal data being gathered about them and to choose not to have their information sold or shared with others without their consent.It also allows individuals to view and erase their data.The CCPA is applicable, to companies that gather data from residents of California and satisfy requirements such, as earning annual revenues exceeding $25 million.
Besides the GDPR and the CCPA will all impose requirements that companies must adhere to when collecting and processing data including the Personal Information Protection Law (PIPL), in China and the Personal Data Protection Act in Singapore well as the Data Protection Act, in the United Kingdom various other data privacy laws and regulations exist worldwide. Companies are usually expected to put in place measures to secure data and seek permission, from individuals before gathering their information; they should also give individuals the ability to view and delete their data as needed.
Legal regulations concerning data privacy and security are constantly changing with the progress of technology and the increasing awareness of individuals regarding safeguarding their data. Businesses that do not adhere to these regulations not face consequences and sanctions but also jeopardize their reputation and customer trust. Henceforth it is crucial, for companies to keep themselves updated about the updates, in data privacy and security and enforce strong measures to protect their customers’ personal details.