Have you heard of GDPR or CCPA? Does your business ever request personal information from customers? Do you store customer’s personal data?
If these conditions apply to your organization, you must follow data privacy regulations. Thus, it’s vital to fully understand CCPA vs GDPR. All companies with business interests in locations covered by these rules must comply.
Continue reading to learn more about these data privacy regulations and if they apply to you.
What Is GDPR?
The European Parliament adopted the General Data Protection Regulation (GDPR) in April 2016. This provision applies to all 28 EU member states. This regulation protects EU citizen’s personal data during transactions in EU states.
The GDPR states that organizations must provide a “reasonable” level of protection for personal data. If companies fail to comply, the GDPR governing body can assess fines.
What Is CCPA?
The California Consumer Protection Act (CCPA) will go into effect on January 1, 2020. Companies have until July 1, 2020, to meet compliance standards. The goal is to increase California consumer privacy and protection rights.