Updated: Jan 7
Data Protection Acts And Lack Of Compliance
Although over 120 countries worldwide have passed data protection acts, many companies are still on the wrong side of the law. According to reports, one-third of the companies are still not compliant with the General Data Protection Regulation (GDPR), the EU's most comprehensive data protection act. Also, only one-third of the companies were compliant with the CCPA, the California privacy law, back in January 2020 when its enforcement began.
Authorities have started enforcing the laws and imposing hefty fines for non-compliant companies. While it is fair to say that many of these companies have reached some level of regulatory compliance with regards to data protection acts, they do not meet all the requirements. But why is that?