Difference between GDPR Vs. CCPA
Today, the most crucial and valuable asset is “data,” and to protect user’s data, new regulations are being introduced. General Data Protection Regulation (GDPR) and Consumer Privacy Act (CCPA) are some of the rules introduced to protect the user’s data. In this blog-post, we will have a glance at the GDPR Vs. CCPA measures to make your website secure and more.
Introduction of CCPA
The purpose of the CCPA is to provide customers with more transparency and control over how their personal information is used. It will apply to all entities that handle or collect data from residents of California.
What is the definition of residency? In principle, whoever pays California taxes is a California consumer, regardless of whether he or she currently lives in the Golden State or not. “A person who enters the State to State for a temporary or transitory purpose is also legal resident, subject to California taxes, according to California Law. Even visits can lead to the status of residence.
Introduction of GDPR
General Data Protection Regulation of the EU aims at’ harmonizing data privacy legislation across Europe, securing, encouraging, and changing the way organizations across the region treat EU citizens in their privacy wherever they operate in the world.
This law applies to any entity working in the EU, as well as to non-EU organizations gathering, processing, and storing information about EU residents.
Difference Between GDPR Vs. CCPA
Let’s have a look at the three significant difference between EU General Data Protection Regulation (GDPR) and the California Consumer Privacy Act:
The GDPR extends to all entities handling EU citizens ‘ data, regardless of location or scale. The reach of the CCPA is slightly lower: it only applies to companies in California with sales over $25 million, or to those whose primary activity is the selling of personal information. (The latter criterion is a research issue of Facebook / Cambridge.)
GDPR mandates penalties for non-compliance and/or breach of data that can amount to up to 4 percent of its global annual turnover of EUR 20 million (whichever is larger) under the commitment to the proportionate application of administrative charges.
CCPA fines per infringement are imposed (up to $7,500 per offense), are non-capped, and there are no penalties for non-compliance. The breach is only deemed at the point of violation (many claim it too late), but GDPR will impose a penalty if a corporation is found to be at risk of a breach or not to be liable. However, CCPA requires the customer to sue the company for infringement.
Implementation and compliance
California Consumer Data Privacy Law is not as stringent as the GDPR; it is the first move to consumer data privacy. California has pioneered technological innovation and is paving the way for customer protection. The new law provides users with better security and knowledge of how their data is collected and used so that they can effectively monitor their data. Other states will follow the lead of California, and it will be fascinating to see which State to State the next one will be.
At the end both laws require data encryption and make this a critical component of company privacy protection. When data breaches are protected, businesses have a level of protection against unauthorized access and some liability avoidance by default.