The Virginia Consumer Data Protection Act was signed into law March 2, making the state second, behind California (California Consumer Privacy Act), in creating a data privacy law not unlike the General Data Protection Regulation (GDPR) in the European Union.
A similar law is currently pending in the state of Washington (the Washington Privacy Act).
It has long been anticipated that the trend—which was paused by COVID-19 in 2020—toward state-level privacy protections will continue.
As we put COVID in the rearview mirror, more and more states will adopt this new approach to privacy. On the whole, for International Secure Information Governance & Management Association (i-SIGMA) members, this could lead to significant growth.
It also could lead to a national privacy law. Read more…..
Chart of the Day
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.