As data privacy laws continue to proliferate, it can be difficult for businesses to keep track of all the different regulations. Two of the most prominent data privacy laws are the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR). These two laws have a lot in common, but there are also some key differences. In this post, we will compare and contrast CCPA vs GDPR so that you can understand which law is right for your business.
The California Consumer Privacy Act (CCPA) and General Data Protection Regulation (GDPR) are both designed to give individuals more control over their personal data. Both laws require businesses to provide customers with a way to access their personal data, as well as the right to have that data erased. The CCPA also gives customers the right to opt-out of having their personal data sold, while GDPR requires businesses to get explicit consent before collecting, using, or sharing personal data.
One of the key differences between CCPA and GDPR is enforcement. The GDPR has been in effect for over two years now, and businesses that violate the law can be subject to heavy fines. The CCPA, on the other hand, does not go into effect until 2020. When it does, businesses that violate the law will only be subject to fines if they do not comply with a customer’s request to delete their data.
Another key difference between CCPA vs GDPR is scope. The CCPA applies to any business that does business in California and meets one of the following criteria: has annual revenue over $25 million, collects personal data from 50,000 or more consumers, households, or devices, or derives 50% or more of its annual revenue from selling personal data. The GDPR, on the other hand, applies to any business that processes the personal data of EU citizens, regardless of where the business is located.
So, which law is right for your business? If you meet the criteria for both CCPA and GDPR, then you will need to comply with both laws. However, if you only meet the criteria for one of the laws, then you will only need to comply with that law. Still, have questions about CCPA vs GDPR? Feel free to get in touch with a reliable company and ask for assistance.