The countdown is on. With the California Consumer Privacy Act slated to go into effect Jan. 1, the call is growing by big tech companies and industry advocates for federal data privacy legislation to preempt differing state laws. Until that occurs, additional states are sure to follow California’s lead in enacting their own laws. Read the full report.
For global businesses navigating litigation concerns, varying data protection laws are triggering potential complications in cross-border discovery. State and federal laws maintain differing levels of compliance, and new data protection laws overseas, led by the European Union’s General Data Protection Regulation, are calling for more uniform approaches to data collection. Read the full report.
Recent cyber attacks on major U.S. businesses and government agencies are putting pressure on general counsels to help fortify internal data protocols. Beyond recent attacks against dozens of U.S. corporations and agencies, companies also face the escalating threat of financial liability. Earlier this year, former executives of a major web services provider agreed to pay $29 million to settle assertions they did not live up to their fiduciary duties in safeguarding customer data during cyber attacks between 2013 and 2016. Read the full report.
