Showing 3 posts from February 2020.
California’s new privacy rules, the California Consumer Privacy Act (CCPA), took effect early this year. The CCPA is the state’s effort to protect the privacy of California residents by setting ground rules for collection and use of their “personal information.” These rules have caused quite a lot of confusion, however. High on the “confusing” list: information covered by other privacy-related laws such as HIPAA and Gramm-Leach-Bliley Act (GLBA).
Full implementation for the California Consumer Privacy Act (CCPA) continues to be a piecemeal affair. The California Attorney General (AG) released updated draft implementing regulations earlier this month. The updates to the pending regulations are designed to (1) bring more clarity and (2) respond to the input the AG’s office has received from the public at large about how the CCPA should work.
Last week, the Securities and Exchange Commission joined the group of regulators issuing public guidance on cybersecurity matters. The SEC has taken this public position in light of the risk that cyberthreat actors pose to publicly traded companies and, by extension, to national financial markets.