Key Takeaways | New Privacy Laws and Evolving Best Practices

Key Takeaways | Coming Soon to a State Near You: New Privacy Laws and Evolving Best Practices

Overview


During this webinar, McDermott Partners Elliot Golding and David Saunders shared practical tips and benchmarking to help companies incorporate the new Colorado Privacy Act (CPA) and Connecticut Data Privacy Act (CTDPA) requirements when they take effect on July 1, 2023.

Top takeaways included:

  1. Both laws impose obligations that exceed existing requirements under other privacy laws, so companies need to take additional steps even if they already comply with the California Consumer Privacy Act (CCPA) and the European Union’s General Data Protection Regulation (GDPR). For example, both laws require more granular privacy notice disclosures. Colorado also imposes heightened consent requirements to process sensitive personal information (including ethnicity, health and biometric information).
  2. Companies must already conduct “data protection assessments” when selling data, conducting targeted advertising, processing sensitive data and for other “higher risk processing activities.”  However, Colorado imposes onerous assessment requirements that exceed other laws and will take considerable time to complete, so companies should start these mandatory assessments now.
  3. Like any compliance program, design will be important. Companies should start their compliance efforts now rather than waiting until the last minute.

Our Global Privacy & Cybersecurity team has templates and risk-based quick reference guides to comply with these and other privacy requirements. Contact Elliot, David or your regular McDermott lawyer to discuss how we can help.


View key takeaways from and recordings of other webinars in our New State Privacy Laws Series:

Dig Deeper

Webinar / McDermott Webinar / December 4, 2024

Cookie Deep Dive: Maximizing Value While Minimizing Risk

Webinar / McDermott Webinar / November 21, 2024

Getting in Sync With Health Tech: Attacking AI Paralysis

Coral Gables, FL / Speaking Engagements / November 13-15, 2024

Consero's Chief Privacy Officer Forum

New Orleans, LA / Speaking Engagements / November 6-8, 2024

Cambridge Forum on Health Data Privacy & Emerging Issues

Washington, DC / Speaking Engagements / October 23-25, 2024

Privacy + Security Forum Fall Academy 2024

Webinar / McDermott Webinar / October 24, 2024

Navigating the Final CMMC Rule

Get In Touch