Data privacy has become one of the biggest concerns in the technology sector today. It is not just a matter of good customer service – today, technology companies are subject to a wide array of state, federal, and international laws. These laws govern the use of customer data and require safeguards to protect the privacy of user data. Companies that fail to meet their obligations under these laws can face large fines, administrative sanctions, and irreparable damage to their public image. It is important for companies to work with an experienced business lawyer to protect user data at every stage of business operations.
The General Data Protection Regulation was adopted by the European Parliament on April 14, 2016. The GDPR is notable for being the most far-reaching data privacy law to be enacted. It protects data that is collected from any individual in the European Economic Area. The GDPR also applies to any business that collects data from any residents of the European Union. Because of this, your company can still be bound by its provisions, even if you conduct business here in California. The other reason California business owners should be familiar with the GDPR is that it served as a model for the California Consumer Privacy Act. The two regulations have many similar provisions.