Privacy regulations are expanding rapidly worldwide, but many businesses remain unaware of new laws that could drastically impact them. In this post, we’ll cover what you need to know to avoid costly pitfalls.
Why So Many New Privacy Laws?
Consumers are more concerned than ever about how their personal data is collected and used. In response, governments are enacting stricter privacy laws to give people more control. Major regulations like GDPR and CCPA are just the beginning.
Common Business Traps
It’s surprisingly easy for businesses to run afoul of privacy laws without even realizing it. Here are some common mistakes:
6 Upcoming Laws to Know
Staying compliant means keeping up with new and proposed regulations. Here are 6 major ones on the horizon:
Steps to Stay Compliant
While complex, privacy laws don’t have to paralyze your business. Here are best practices to avoid missteps:
Privacy Matters More Than Ever
The privacy landscape will only grow more complex as technology advances. But when handled right, these regulations can build customer trust. Take time to understand the requirements for the jurisdictions you operate in. Leverage available resources and partner with experts as needed. Your customers’ data is precious – treat it that way.
For more business tech insights, be sure to check out the Tech Your Business podcast. Stay compliant and stay tuned!