What Stricter Data Privacy Laws Mean for Your Cybersecurity Policies
Dec 09, 2022
Data Protection / Privacy
For today's businesses data privacy is already a big headache, and with modern privacy laws expanding to more of the world's population, regulatory compliance is on track to become a more complicated, high-stakes process touching on every aspect of an organization. In fact, Gartner predicts that by 2024, 75% of the Global Population will have its personal data covered under privacy regulations. Tightening data privacy regulations around the world The EU's General Data Privacy Regulation (GDPR) was not the first privacy law in the world. Still, it was undoubtedly the first significant shakeup in privacy legislation with a far-reaching impact on organizations globally. Following its implementation, several U.S. states have started implementing similar privacy laws. This legislation includes; Virginia Consumer Data Protection Act (VCDPA), effective January 1st, 2023 California Privacy Rights Act (CPRA), effective January 1st, 2023 Utah Consumer Privacy Act (UCPA), ef