Panelist, "Enforcement Actions Under EU GDPR and Complying With the California Consumer Privacy Act," Strafford Webinar
In the first year of GDPR over 200,000 GDPR cases were filed with European data protection authorities with over 90,000 data breach notifications. This has now resulted in numerous GDPR enforcement actions by data protection authorities across Europe with some fines announced to be in excess of $100 million. As well as applying to European businesses, the 2018 GDPR expanded the application of EU data protection law by requiring U.S. companies that maintain personal data on European citizens to comply with specific data protection requirements. According to a recent PwC survey, more than half of U.S. multinationals have identified the GDPR as their top data protection priority. Failure to comply with GDPR may cost businesses not only steep fines but also a significant risk to reputation and loss of customer goodwill.
Similarly, the implementation of the new CCPA, which goes into effect on Jan. 1, 2020, will impact companies both inside and outside California.
Counsel to European, international, and U.S. businesses and technology vendors must keep up-to-date with the developments on the GDPR and the CCPA to minimize business risks.
In this webinar, an authoritative panel explained recent GDPR enforcement actions and the critical requirements of the GDPR and CCPA. The panel examined the steps companies and their counsel should take to deal with developing GDPR and CCPA requirements based on recent actions, case law, and the latest guidance.