California Consumer Privacy Law (CCPA) – Have You Implemented the Appropriate Steps?
California Consumer Privacy Law (CCPA) – Have You Implemented the Appropriate Steps?
Effective January 1, 2020 the new CCPA law went into effect and it doesn’t just affect business in California. It potentially impacts any Company that collects personal information about a California resident.
Do all businesses need to comply?
While there are exemptions it is critical to note that maintaining or collecting information of just one California resident can make you subject to the law and an evaluation should be completed. Under the law, businesses are exempt if it does NOT meet at least one of the following criteria:
- Annual gross revenues in excess of $25 million (note this is total gross revenue, not CA specific revenue).
- Annually, buys, receives, sells, or shares the personal information of 50,000 or more consumers, households, or devices in California.
- Derives 50% or more of its annual revenues from selling consumers’ personal information.
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For additional information, contact the author Jeff Johns at jjohns@fosaudit.com.
California Consumer Privacy Law (CCPA) | Jeffrey J. Johns