k_Street Consulting, LLC Blog

United States Citizens Demand Data Privacy… How Will It Impact Your Business?

United States Citizens Demand Data Privacy… How Will It Impact Your Business?

With over 90 percent of people in the United States feeling as though their data is out of their hands, it should come as little surprise that many are looking towards the European Union’s General Data Protection Regulation as inspiration. However, how close is the United States to passing this kind of legislation… and how will smaller businesses fare if (or when) some is passed?

The GDPR (In a Nutshell)

Under the GDPR - which came into effect on May 25, 2018 - any companies that have collected data on a resident of the European Union are then responsible for protecting that data. Furthermore, the GDPR grants these residents a far higher level of access and control over the data that organizations possess.

How United States Citizens Have Reacted

According to a poll, data privacy has become a bigger priority for 73 percent of respondents, 64 percent stating that they felt the security of their data was worse than it has been in the past. 80 percent want the ability to learn who has purchased their data, while 83 percent want the ability to veto an organization’s ability to sell their data in the first place. 64 percent also stated that they want the ability to have this data deleted.

How the Government Has Reacted

Governing bodies at different levels have had different reactions to these demands. For instance, the state of California has already passed the Consumer Privacy Act (CCPA) - a piece of legislation that the House of Representatives' Consumer Protection and Commerce Subcommittee isn’t too fond of, as its position is that there needs to be a singular piece of legislation at the federal level to protect data. As of right now, data privacy is addressed in a combination of state laws and some proposed federal laws.

One of these proposed laws, the Data Care Act, spells out that (in addition to promptly alerting end users to security breaches) a service provider cannot legally share a user’s data without the receiving party also being beholden to the same confidentiality standards. Others include the Information Transparency and Personal Data Control Act, which requires transparency and personal control over data, the Consumer Data Protection Act, which could throw executives in prison for abusing data, and the American Data Dissemination Act, which sets a deadline for the government to enact privacy requirements upon businesses.

However, when the Consumer Protection and Commerce subcommittee met to discuss the prospect of a federal privacy law (which it was agreed was necessary), there weren’t any representatives for the average consumer - the ones whose data is really at stake. This reflects the hearings held last year by the Senate, also without consumer representation. Instead, technology companies were invited to participate during both sessions.

Small Business Concerns

That being said, there is very little support among the committee for any regulations that are at all similar to the GDPR. One reason for this: the fear that small businesses will not find themselves able to afford the added cost of compliance.

For instance, there are a variety of potential burdens that such a measure could potentially impose upon small and medium-sized businesses. These burdens include:

  • All-encompassing overhauls that would result in lost business
  • Business failure due to inadequate budgets to make the demanded changes
  • Impeded growth after regulations are put in place
  • Prerequisites becoming too great to start a business in the first place
  • Costs passed down to SMBs from larger companies for technology services

It is worth noting that if your organization does business with people from the EU, you are responsible to adopt the privacy rules of the GDPR.

What do you think? Are laws like these necessary, especially given the cost they could put on small businesses? Have you had any data privacy concerns in the past? Share your thoughts in the comments.

How to Use YouTube’s Full Capabilities for Your Bu...
ISPs Have Finally Started Rolling Out 5G
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Sunday, April 21 2019

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Virtual Private Network Windows 10s Battery Worker NIST Google Docs WiFi Data Backup Files IT Solutions Privacy Printer Big data Experience Scalability Router Customer Relationship Management Data Management Password E-Commerce Security Cameras Cache Laptop Computer Memory Thank You Best Available Government OLED Email User Tips Leadership Root Cause Analysis Project Management Workplace Tips Health Bring Your Own Device Security Wireless Internet Apple Phone System VoIP Access Control Restore Data Authentication Employee Training Wireless Technology Mobile avoiding downtime Windows 7 Windows 10 Miscellaneous Music Search Engine Lifestyle Holiday Spam Blocking Tablet Passwords Google Politics Business Intelligence Computers Theft Windows 8 Inventory Solid State Drive Environment YouTube Cast Money IT service Storage Content Management Wire Maintenance Electronic Medical Records Hosted Computing User Error Audit Camera Tablets Archive Hybrid Cloud Start Menu Screen Mirroring Programming Saving Money Notifications File Sharing Information Workers Flexibility Fiber-Optic Internet Digital Signage Data Recovery Strategy Cryptocurrency Cables Public Computer Gmail Compliance Saving Time Unified Communications Risk Management Managed Service Automobile Cloud Smartphone Accountants Frequently Asked Questions Business Continuity Upgrade Touchscreen Firewall Biometrics Shortcuts History SharePoint Software as a Service Product Reviews Smart Technology Hardware Hacker Knowledge WIndows 7 CrashOverride IoT Vendor Humor Smartwatch Entertainment Relocation Charger Business Management Retail Television Patch Management CES Supercomputer Uninterrupted Power Supply Administrator Amazon Chromecast Fax Server Windows Server 2008 Evernote Operating Systems Botnet Rootkit Two-factor Authentication Domains Settings USB Tip of the week Managed IT Printers Servers Help Desk Information Technology Telecommuting Remote Worker Content Filtering Loyalty Ransomware Cameras Marketing IT Support Small Business User Windows Media Player Point of Sale Network Security Congratulations Virtualization Backup and Disaster Recovery 5G Password Manager Two Factor Authentication Outsourced IT End of Support Microsoft Keyboard Physical Security Virtual Assistant BDR Devices Hard Drives LinkedIn Colocation Monitor Save Money Criminal Windows Business Wireless Mouse Printer Server Biometric Security NarrowBand Analysis Software Tips Network Congestion Warranty Collaboration Safety Tools Managing Stress Mobility GDPR Automation Pain Points People Customers Emergency Data storage HIPAA Hackers Gadgets PDF Analytic Skype Data Storage Online Shopping Smart Tech Work/Life Balance Techology Line of Business Redundancy Networking IT Management Public Cloud Statistics eWaste Smartphones Current Events Netflix Wiring Utility Computing IT Support Social Media Employer Employee Relationship Advertising Wireless Charging Remote Monitoring and Maintenance IT Plan Identity Theft Worker Commute Telephone Systems OneNote Digital Signature Gaming Console Trending Managed IT Services Tip of the Week Data Security Users Internet of Things Scam Antivirus Remote Computing Vendor Management Outlook Bandwidth iphone Benefits Browser Best Practice Smart Office Best Practices Cortana Mobile Device Streaming Media HBO Distributed Denial of Service Professional Services Productivity IT Services Encryption Remote Monitoring Computing Infrastructure Video Games Managed IT Services Social Networking Robot Comparison Spam Data Protection Business Owner Downtime malware Wi-Fi Display webinar Budget Hosted Solutions Business Mangement Intranet IT solutions Cybersecurity Shadow IT Chrome Bluetooth Multiple Versions travel App Consultant Company Culture Troubleshooting Regulation Phishing Windows 10 Innovation communications Wearable Technology Webinar Assessment Nanotechnology Augmented Reality Insurance Data Warehousing Communication Credit Cards Virtual Reality Bloatware Tech Term Tech Support BYOD Black Market Vulnerability FENG Electronic Health Records Connectivity Flash Business Technology Addiction Internet exploMicrosoft Voice over Internet Protocol Customer Service Unsupported Software Samsung Disaster Recovery Lithium-ion battery HVAC Digital Payment Employer-Employee Relationship Telephony Staff DDoS Analyitcs Touchpad Microsoft Office Microchip Social Engineering Password Management IBM Hosted Solution Emails Healthcare Instant Messaging Virus Content Sync Website Enterprise Content Management Office Tips Social The Internet of Things Cleaning Administration Computer Repair Alert Manufacturing Google Search Law Enforcement Virtual Desktop Managed Service Provider Employee/Employer Relationship Backup Human Resources Network Cybercrime Reputation Telephone System How to Operating System Regulations Computer Accessories Facebook Blockchain Millennials VPN Hiring/Firing Content Filter Sports Multi-Factor Security Online Currency Value Quick Tips Audiobook Document Management Word Workforce Office SaaS Recovery Update Cost Management Remote Work Twitter Excel Science Data loss Private Cloud Students IT Consultant Running Cable Data Server Google Apps Books Conferencing Fraud PowerPoint Technology Infrastructure Artificial Intelligence Proactive IT Recycling Paperless Office Safe Mode Specifications Going Green Read Computer Care Database Office 365 analytics Software Search Hacking Cryptomining Thought Leadership ISP Data Breach Android File Versioning Productivity Application IaaS Save Time Machine Learning Net Neutrality Mobile Computing Unified Threat Management Internet Exlporer Distribution Meetings Computer Fan MSP Proactive HaaS Cloud Computing Business Computing eCommerce Efficiency Mobile Device Management Mobile Office Bing How To Entrepreneur Education Applications Mobile Devices Amazon Web Services Apps Practices Shortcut Hring/Firing Google Drive Transportation Logistics Legal

Sign up for our Newsletter!

  • Company Name *
  • First Name *
  • Last Name *