Privacy Regulation Discussions: Who’s Leading The Way?

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Privacy Regulation Discussions: Who’s Leading The Way?
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Business and consumers continue to discuss privacy regulations and legislation.  Data breaches, data vulnerabilities, and compromised private information is released in the news almost daily.  Legislation has recently been proposed for individual states regarding data privacy regulations head-on.  Virginia, Vermont, Colorado, and New Jersey have all introduced related privacy regulations most recently. California recently set themselves apart in the privacy space with the adoption of the California Consumer Privacy Act (CCPA), which gave citizens the rights to not only protect their own data, but to obligate businesses to disclose exactly which information has been collected about them.

At the federal level, the United States has yet to propose a national privacy bill.  Vermont recently implemented a law regulating data broker companies that buy and sell personal information.  With the new law, brokers must disclose what information they collect as well as allow customers to opt out of collection.  Furthermore, consumers can sue data brokers if they sell any information that causes illegal discrimination. A similar law has also been proposed in Colorado that is broader, yet specifically manages personal identifying information. Individual states seem to be leading the way for data privacy regulation discussions.