About CCPA and Does Your Organization Need to Comply?
The California Consumer Privacy Act (CCPA) will go into effect on January 1, 2020, and enforcement will begin July of 2020. So, what does compliance with the CCPA involve? The privacy act follows in the spirit of the General Data Protection Regulation (GDPR) in Europe but will apply specifically for businesses that work with or having exposure to residents in the state of California, regardless of location in the United States.
Businesses must comply with CCPA if they fall into one of the following categories:
1. Their annual gross revenue is greater than $25 million.
2. They receive or share personal information of over 50,000 California residents annually.
3. They derive 50% of their annual revenue by selling or disclosing personal information of California residents.
It’s Never Too Early to Be Prepared
Build privacy into the foundation of your security program.