The past year has significantly changed the rules when it comes to privacy obligations. Technology companies across the globe are now confronted with a multitude of overlapping – and occasionally clashing – requirements for protecting the data of consumers. Those requirements also come with significant enforcement mechanisms, including the possibility of stiff fines and a crush of private litigation.
While significant attention has been paid to what various technology and social media companies will have to do in order to comply with the EU’s General Data Protection Regulation (GDPR) and California’s Consumer Privacy Act (CCPA), the concurrent discussion about how cybersecurity vendors are impacted by those laws has been significantly less robust. Such a conversation is, however, equally vital as in many ways those laws could have an even greater impact on how cybersecurity companies collect, analyze, store, and distribute information on cyber threats and bad actors.
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Practising Law Institute (PLI)