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Retailer Hanna Andersson, Salesforce Are First Sued Under New California Privacy Law

PYMNTS

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

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Retailer Hanna Andersson, Salesforce Get First Taste Of New California Privacy Law

PYMNTS

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Cyberattacks have jumped 273 percent in the first quarter of this year over the same period in 2019. The new solution also helps shield merchants from fines related to GDPR and the California Consumer Privacy Act (CCPA) noncompliance. . Each $1 of fraud costs retailers $3.13. .

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Wallet wars: How digital payments are reshaping finance

The Payments Association

Big players like Alphabet have ensured that their offering, Google Wallet, adheres to frameworks such as GDPR in Europe and California Consumer Privacy Act (CCPA) in the US, Zurnamer explains. For example, Goldman Sachs partnered with Apple for the Apple Card and savings account offering in 2019.

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Deep Dive: How US Data Regulation Fragmentation Is Affecting Merchants, Consumers

PYMNTS

businesses experienced at least one data breach that compromised a minimum of 1,000 records in 2019. The CCPA is strict with these companies, for example, but the merchants to which the rules do apply and the consequences for noncompliance are less clear as a result. Sixty-three percent of U.S.

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Deep Dive: How The Pandemic Is Changing Cloud Compliance Rules And How FIs Can Keep Up

PYMNTS

One 2019 report noted that there were 220 updates to such requirements worldwide each day, equating to roughly 80,000 in one year. These include the recently ratified California Consumer Privacy Act (CCPA), which outlines new compliance and security standards for the state’s businesses and FIs that operate on the cloud.

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Deep Dive: Credit Unions Work To Keep Members’ Data Private

PYMNTS

million-member Desjardins Credit Union, fell victim to one in June 2019. The California Consumer Privacy Act (CCPA) is a state-level data security measure mandating best security and privacy practices for business and organizations — including credit unions. Data Breaches Within And Without. Canada’s largest CU, the 4.2