What are the risks under CCPA / CPRA?
Lack of CCPA compliance has two drawbacks or risks. One of the risks is from the California Attorney General (AG). Calfornia AG may impose a fine of upto $7,500 per violation. Is it likely that your business attracts these fines? Starting July 2020, the AG is expected to initiate action. CA legislature has not provided any additional funds to the AG for action. These fines are pooled into a privacy fund, to initiate future actions by authorized prosecutors across California.
The second risk is the private right of action by California consumers. In plain English, class action lawsuits. These are highly likely to be triggered because of a data breach. Data breaches are up 54% in the first half of 2019. When your company experiences a data breach, you have to notify your state. It is now publicly available information. The likelihood of a subsequent class action in a California court is very high.
It is a good business practice to protect your business from a data breach. This should be a part of your IT and security budget today. The additional budget you need is for privacy request management. It is clear that automating privacy request processing is the right approach. The first and most inexpensive step is to put up a privacy request form on your website, likely cost you less than a few hundred dollars a month. Your business will have nearly 100 days to respond to any advanced privacy requests.
In this CCPA compliance guide, you understand the details of privacy request processing, and workflow. Additionally, you 1) Find a list of CCPA privacy request management vendors; 2) Evaluate the pros and cons of building own or using a vendor; 3) Find tips and recommendations for workflow automation; and 4) Calculate your risk vs. budget for processing privacy requests. After reading this CCPA compliance guide, you will be ready to start implementing CCPA compliance.
- What is CCPA compliance?
- Do you need to implement CCPA compliance?
- How to budget for
CCPA compliance? - How do choose the vendor?
- Should you outsource CCPA compliance processing?
- How much does it cost?
- Should you extend your security resources for CCPA?
- Who takes ownership of CCPA compliance – marketing, legal, or IT?
- What are the steps beyond privacy requests to be fully CCPA compliant?
- And, learn some tips on data breach prevention…
First a few simple definitions. A privacy request is a request to execute the right to privacy as defined in the CCPA. Another term being used is DSAR – data subject access request. Privacy request is a better term because the request is about privacy including a request for access to data. DSAR is more specific to request for access to personal information. Under CCPA, a requestor is a person who is a California resident. Types of privacy requests and types of requestors are defined in sections below.
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