Navigating Emerging Privacy Issues in Financial Services — The Consumer Finance Podcast
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Video: Introduction: A Deep Dive into Privacy
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On April 4, 2024, Kentucky became the fifteenth state to enact a comprehensive data privacy law, with Governor Andy Beshear signing the Kentucky Consumer Data Protection Act (KCDPA) into law. The Kentucky law will go into...more
On January 18, 2024, New Hampshire’s State Legislature enacted the Expectation of Privacy Act (the “Act”). Following the Governor’s signature, the Act will take effect January 1, 2025. SCOPE - The Act defines...more
On January 8, 2024, New Jersey’s State Legislature passed the Disclosure and Accountability Transparency Act (the “Data Act”). Following Governor’s signature within 45 days, the Data Act would take effect one (1) year after...more
As we noted in our 2023 DSIR, there has been a flurry of activity within the information governance space, at home and abroad. This activity deserves further analysis, because while it seems from a distance that there are...more
Editor’s Note: On February 15, 2023, HaystackID shared an educational webcast to provide valuable insight into the ways in which AI is being used to address key issues in the realm of privacy and cybersecurity. The expert...more
INTRODUCTION - As more of our lives and work become digitized, an inherent overlap continues to grow between data privacy and cyber security programs. Think of two similarly sized circles: in the past, data privacy and cyber...more
The Gramm-Leach-Bliley Act (GLBA) is typically referred to in the context of financial institutions. It requires offerers of consumer financial products to explain how they share information and protect sensitive data. It’s...more
In 2023, five new state privacy laws will become effective. How will these new laws affect your business? Currently, privacy laws in the United States include a patchwork of state laws as well as some industry- or...more
In this month’s Privacy & Cybersecurity Update, we review the FTC’s proposed data privacy and cybersecurity rulemaking and the European Data Protection Board’s draft guidelines on the calculation of GDPR administrative fines....more
On Friday, June 3, Representative Frank Pallone (D-NJ), Chairman of the House Energy & Commerce Committee, Representative Cathy McMorris Rodgers (R-WA), the committee’s Ranking Member, and Senator Roger Wicker (R-MS), Ranking...more
Connecticut’s new consumer privacy law imposes enhanced privacy disclosures and assessment requirements on businesses, and provides consumer rights similar to those in Europe’s GDPR, the California Privacy Rights Act (CPRA),...more
Utah is likely the next in line to pass a comprehensive consumer privacy law, joining the ranks of California, Colorado, and Virginia. Senate Bill 227, the Utah Consumer Privacy Act (UCPA), was passed by the Utah legislature...more
U.S. state legislatures accelerated efforts in 2021 to fill the gap created by the absence of national data privacy legislation. California, Virginia, and Colorado passed or amended data protection laws, and the trend is...more
On July 7, 2021, Colorado enacted a new privacy law, titled the Colorado Privacy Act (CPA). The CPA is the third state-level omnibus data privacy law, similar in scope to the California Consumer Privacy Act (CCPA) and the...more
After California and Virginia, Colorado recently became the third state to pass a comprehensive consumer data privacy bill. Although this new Colorado Privacy Act (CPA) overlaps with the California and Virginia privacy laws,...more
On July 7, 2021, Colorado Governor Jared Polis signed the Colorado Privacy Act (“CPA”) into law, making Colorado the third state to enact comprehensive privacy legislation, following in the footsteps of California and...more
There are many similarities between the Colorado Privacy Act (ColoPA), the California Consumer Privacy Act (CCPA), the California Privacy Rights Act (CPRA), the Virginia Consumer Data privacy Act (VCDPA), and Europe’s GDPR,...more
On July 7, 2021, Colorado Governor Jared Polis signed the Colorado Privacy Act (CPA) into law, which, when it takes effect on July 1, 2023, will place affirmative obligations on entities that conduct business in Colorado (or...more
Since the General Data Protection Regulation (GDPR) went into effect in 2018, over half a dozen countries have passed similar privacy regulations and another few dozen have updated or proposed new privacy regulations. In the...more
The Virginia Consumer Data Protection Act (CDPA) overwhelmingly passed both legislative chambers this month and is expected to be signed by the Governor in the coming weeks with an effective date of January 1, 2023. Best...more
Virginia Gov. Ralph Northam recently signed the Virginia Consumer Data Protection Act (VCDPA) into law, making Virginia the second state, following California, to adopt comprehensive consumer data privacy legislation. ...more
The SolarWinds hack highlights the critical need for organizations of all sizes to include cyber supply chain risk management as part of their information security program. It is also a reminder that privacy and security...more
Keypoint: The Colorado bill mirrors the Virginia Consumer Data Protection Act and Washington Privacy Act but contains some notable differences. On March 19, 2021, Colorado lawmakers introduced the Colorado Privacy Act...more
Update: The VCDPA was signed into law by Governor Ralph Northam without amendment on March 2, 2021. The VCDPA will become operative on January 1, 2023, and businesses should remain mindful of pending legislation in states...more
On March 2, the Virginia Consumer Data Protection Act (VCDPA) was signed into law, becoming the second comprehensive state privacy law in the United States. The VCDPA reflects core principles from the California Consumer...more