Personal Data Privacy Regulation In The USA The toughest data privacy/security law in the world, European Union's GDPR, imposes regulatory measures onto all organizations that target/collect data related to European Union consumers, with harsh financial penalties imposed for non-compliance.ĭozens of other nations have passed a number of information privacy bills of their own to counter the impending implications of the digital age, such as the United Kingdom's Data Protection Act and Canada's Personal Information Protection and Electronic Data Act. Slowly, legislators around the world are making strides: General Data Protection Regulation (GDPR) And Other Foreign Privacy Law ![]() ![]() Today, when the majority of businesses digitally collect, track, process, store, and redistribute customer data, there remains an ongoing legal challenge to enable consumers to access, edit, and otherwise manage their personal data as well as decide how it's used. What happens to all that identifiable consumer information that is now harvested by technology and kept on record in different companies' databases? Without regulation, businesses don't view private consumer data as "borrowed": they buy and sell them as if it were their own property.Īs such, data privacy policies have become a modern necessity, because, without them, today's consumers are unable to control what happens to their personal data, leaving them vulnerable to unsolicited marketing, scams, and identity theft. Likewise, one can hardly visit a website on the internet without leaving a trail of cookie crumbs containing all sorts of insight about their consumer tastes and habits. One cannot buy things or sign up for educational, medical, banking, telecommunication, entertainment, social media, or virtually any other services without giving up a lot of personal information. ![]() In the age of the Internet and integrated digital technologies, the pros and cons of provacy laws is sometimes a gray topic.
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