The California Consumer Privacy Act (CCPA) represents a major advancement in privacy rights for California residents – and a major set of obligations for companies that have customers in the state, regardless of where in the world they are located physically.
Millions of businesses worldwide will be subject to the CCPA. Those subject to the law will be any company that has information about California residents and generates at least $25 million in annual revenue, those that have personal data on at least 50,000 California consumers, or any organization that generates more than 50 percent of its revenues from the sale of personal data.
The CCPA may be more far-reaching than other privacy regulations like the GDPR and will require a different, albeit overlapping, set of capabilities to address properly.
The majority of businesses in the United States are not yet compliant with the CCPA, even though the law went into effect on January 1, 2020 and enforcement by the California Attorney General will begin July 1, 2020. For example, most do not fully understand the importance of adhering to the CCPA. If your company needs help with compliance, contact us to learn how our certified security program can help.
