California Consumer Privacy Act (CCPA) came into implementation from Jan 1st 2020. In this blog post, we will talk about history of CCPA and How is CCPA Applicable to your Business.
What is CCPA?
CCPA applies to any global business, including any for-profit entity that collects consumers personal data, which does business in California, and satisfies at least one of the following thresholds:
- Have $25 million or more in annual revenue; or
- Possess the personal data of more than 50,000 “consumers, households, or devices” or
- Earn more than half of its annual revenue selling consumers’ personal data
For 2 years (2016-2018) Alastair Mactaggart, a real estate developer, created and led a ballot initiative for a privacy law that led to CCPA (Assembly Bill (AB) 375). On June 28th, 2018, the governor of California signed AB 375 into effect, establishing the most extensive consumer privacy legislation ever passed in the United States
|June 28th, 2018||AB 375 signed into law|
|September 23rd, 2018||Senate Bill No. 1121 signed into law, modifying CCPA|
|October 10th, 2019||California Attorney General released the proposed text for CCPA regulation|
|October 11th, 2019||California Governor Signs CCPA Amendments into Law|
|January 1st, 2020||CCPA goes into effect|
|July 1st, 2020||Enforcement begins|
California Residents Rights under CCPA
CCPA grants California residents, who are consumers, specific rights regarding their personal information businesses maintain. If you are a California resident, you have the right to request that a business inform you about its processing activities with respect to your personal information, to delete your personal information and to opt-out of the sale of your personal information.
Companies preparing for CCPA or are planning to implement must remember that a privacy program needs to adapt and change accordingly to applicable privacy law. If you are looking to build a privacy program it’s not too late to start preparing for CCPA compliance. To request a CCPA privacy software demo email us at [email protected] or visit Secuvy.ai