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November 2019, Vol. 20, No. 4

Report shows CISOs, IT unprepared for privacy regulations

In recent years, data privacy efforts and their associated regulations have become an important concern for CISOs as security is increasingly called upon to manage customer information protection. As part of a new report, the Internet Society's Online Trust Alliance analyzed 1,200 privacy statements for common themes in the European Union's General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA) and Canada's Personal Information Protection and Electronic Documents Act. The report is titled "Are Organizations Ready for New Privacy Regulations?" and according to Kenneth Olmstead, internet privacy and security analyst at the Internet Society's Online Trust Alliance, the answer is a resounding no. Olmstead noted that although the organizations audited for the report were mainly based in the U.S. and do not yet have a legal obligation to meet all of the requirements, these regulations represent general benchmarks for consumer privacy that are common in new privacy laws. He added that, while many ...

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