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Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
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The rise of data privacy concerns has led to a surge in global regulations, such as the EU General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), which are drafted to protect peoples individual data protection rights. Non-compliance can lead to severe penalties, up to 4% of a company’s global revenue.
State regulators such as those in California, New York and Washington also recently passed rules just before the outbreak, with California regulators in particular still discussing potential changes to its California Consumer Privacy Act (CCPA). It remains to be seen if COVID-19 will have any effect on future developments of this rule.
General Data Protection Regulation (GDPR) Effective in the EU from 2018, the GDPR imposes strict rules on the usage and storage of cardholder data, emphasizing consumer privacy. While it currently affects EU-based merchants, similar regulations, like the California Consumer Privacy Act (CCPA), are being considered in other jurisdictions.
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