Pandemic, Compliance Driving Increased Privacy Spending
November 9, 2021 – Media MentionTim Toohey, head of Greenberg Glusker's Cybersecurity Practice, shared insights with ECT News Network regarding organizations hiring additional privacy professionals due to the California Privacy Rights Act (CPRA) taking effect on January 1, 2023. Tim explains that the CPRA will further bolster consumers’ rights, including the right to see the information that a company has collected about them.. As a result, privacy operations and compliance have become even more of an integral part of organizations, especially considering the increase of information that is now online due to the pandemic and work-from-home policies.
Excerpts:
"The CPRA is going to have a considerable effect on privacy," observed Timothy Toohey.
"In this next year, there's going to be a lot of scrambling by companies putting new agreements into effect with their vendors. [...] Some companies can have hundreds of vendors."
"We have three states with comprehensive laws -- California, Virginia and Colorado -- and a lot states are considering them, particularly in light of the pandemic and work-from-home, because of the proliferation of information online," he said.
"Whenever you have laws worded slightly differently, as all these laws are," he explained, "it creates potential compliance headaches."
"You have to reframe your agreements. You have to look at your privacy policies, and you have to comply with consumer requests from various jurisdictions, since there is no standard federal law -- nor is there likely to be one in the immediate future," Toohey added.
Read the full article here.