In case you haven’t noticed, privacy – meaning the protection of your personal data and information – is all the rage today. In fact, privacy has become very big business not only in America, but also in Europe, where the General Data Privacy Regulation (GDPR) mandated sweeping privacy protections for consumers and strict restrictions on how companies can use personal information and data.
Doing business in this new era of privacy comes at a price, mostly for compliance. Compounding this is the lack of clear rules in the U.S. where there remains no comprehensive federal privacy law. It is no wonder that many companies have come to the privacy table kicking and screaming, forced to abide by a growing patchwork of inconsistent state laws with no federal preemption in place.
Continue reading “The Price of Privacy on the Potomac”