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
Tuesday, June 25 2019

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

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

Sign up for our Newsletter!

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