Texas is the tenth state to enact comprehensive data privacy protections for its residents. The Texas Data Privacy and Security Act will take effect July 1, 2024, giving Texas businesses a year to prepare for compliance with the new law.
The lone strong biometric privacy law in the United States has struck again, this time taking $68.5 million from Instagram in a settlement for a class action first filed nearly three years ago.
Organizations found to be responsible for a privacy breach now face a maximum penalty of AUD 50 million, 30% of adjusted annual domestic turnover, or three times the value of any benefit obtained through the misuse of the leaked information.
As we move toward a more open data sharing future, businesses must prepare now to tackle the future legislation and data privacy laws that will inevitably be placed upon them and ensure all data moving through its systems is accurate and trusted.
People of an entire country were put at risk with Ecuador data breach of 20 million user information. The breach has accelerated a data privacy law that has been under consideration for months.
