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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-02-27T14:00:00
Businesses are watching five U.S. states where consumer privacy laws are set to take effect this year.
The passage of legislation in Colorado, Connecticut, Utah, and Virginia, plus a major amendment to the California Consumer Privacy Act that took effect in 2020, was driven by consumer demand for more control over the personal data companies collect, trade, and sell following decades of data breaches and high-profile information sharing.
“Privacy is a hot-button issue and one consumers are really in tune with,” said Jenny Holmes, deputy leader of the cybersecurity and privacy team at law firm Nixon Peabody. “It’s new and under the spotlight, so it adds pressure on companies.”
And yet, some companies see data privacy compliance as an opportunity.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
2023-09-06T15:00:00Z By Adrianne Appel
If multi-state businesses thought at the start of 2023 complying with a patchwork of U.S. state privacy laws was going to be a lot of work, now they must be overwhelmed. Experts assess the fast-evolving U.S. privacy landscape.
2023-05-03T19:52:00Z By Adrianne Appel
Indiana became the latest in a growing number of U.S. states with a comprehensive consumer data privacy law on the books.
2023-03-29T13:55:00Z By Kyle Brasseur
Iowa became the sixth U.S. state to pass comprehensive data protection legislation allowing residents control over how their personal information is accessed and shared.
2024-07-19T13:28:00Z By Neil Hodge
Within two weeks of gaining power, the U.K.’s newly elected Labor government has confirmed its intention to beef up the audit regulator and strengthen corporate governance.
2024-07-17T17:53:00Z By Ruth Prickett
The U.K. Financial Conduct Authority is revamping the London Stock Exchange rules, but more changes may be needed to achieve growth and attract initial public offers, experts said.
2024-07-09T14:16:00Z By Aaron Nicodemus
The Treasury Department’s Office of the Comptroller of the Currency proposed a rule that would extend requirements for recovery plans to all banks with at least $100 billion in assets.
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