Updates to the CCPA: Deadline is July 1

As we approach the California Consumer Privacy Act (CCPA) enforcement deadline you may be wondering what happens next. The CCPA went into effect on January 1, 2020 and enforcement of the law is scheduled to begin on July 1, 2020. Scheduled fines for non-compliance can be hefty, ranging from $2,500 to $7,500 for each instance of failing to comply with the regulation and California residents now have the right to sue in the event of a personal data breach if reasonable security procedures such as encryption were the cause of the breach.

With the Attorney General submitting the final text of the proposed regulations on June 1, 2020, the CCPA is now considered final. However, there may be more changes on the horizon. A ballot initiative known as the California Privacy Rights Act (CPRA) would expand the provisions of the CCPA, and, among other things, extend the employee and business-to-business exemptions that are otherwise expected to sunset on January 1, 2021. Among other changes, the CPRA would create a California Privacy Protection Agency.

We have updated our CCPA FAQs with the most up-to-date information.

CCPA Overview

The CCPA’s sweeping legislation, which includes multiple consumer rights and company obligations regarding personal information, will be subject to enforcement by the California AG as of July 1, 2020. Scheduled fines for non-compliance can be hefty, ranging from $2,500 to $7,500 for each violated data record, and $7,500 for each intentional act of CCPA non-conformity.

Download FAQs for Financial Services

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How We Help

Our CCPA compliance assistance service helps companies assess their readiness to comply with CCPA requirements as well as implement best practices for achieving broader privacy risk and compliance objectives across the enterprise. Please contact us to learn how we can help your company.

Additional Resources

With the July 1, 2020 CCPA enforcement date quickly approaching and the ongoing privacy risks associated with the COVID-19 pandemic, privacy is a top concern for many firms. During this webcast, we discussed the landscape of privacy regulation in the U.S. and offered guidance to preserve the health and data privacy of employees as preparations are made to return to the office.

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For More Information

If you have any questions, please contact your ACA Aponix consultant or email us at info@acaaponix.com.