A recent article in The Economist, Why big tech should fear Europe, reported that the US is home to 15 of the world’s valuable technology firms, whereas Europe is home to one.
(CCPA), which comes into effect on January 1, 2020, aligns with GDPR principles to provide greater control to individuals over their personal information.
The CCPA establishes “a legal and enforceable right of privacy for every Californian” and will: According to the NYU Journal of Intellectual Property and Entertainment Law, a number of US states have passed or are actively considering privacy legislation.
In the US, new legislation has either been introduced or is being considered at federal and state levels.
Changes to privacy laws are being fuelled in part by growing public concerns with the idea of unfettered data accumulation and use.
On November 1, 2018, an amendment to Canada’s federal privacy law, (PIPEDA), introduced mandatory reporting obligations for data breaches that rise to a real risk of significant harm.
All data breaches must be documented by the company and that document must be retained for up to two years.
This past fall, it was reported that representatives from Amazon, Apple, AT&T, Google and Twitter urged Congress to implement federal privacy legislation.
This will ease compliance across border, enable greater certainty of the rules of engagement with personal data, and will provide a valuable signal to the public that governments are keeping pace with rapid change.
This past summer, the federal Minister of Innovation launched data and digital transformation consultations to better shape Canada’s approach to innovation.