What laws govern the use of data mining and analytics?

In South Carolina, businesses that collect and analyze data must adhere to the laws governing data mining and analytics. These laws are generally in place to protect consumers from any misuse of their personal information. The South Carolina Consumer Protection Code states that businesses must obtain express permission before collecting data from an individual. Additionally, businesses must disclose what they are collecting and how the data will be used. The data must be securely stored and used solely for the purpose for which it was requested. The Federal Trade Commission also regulates the use of data mining and analytics. Companies are not allowed to use data to discriminate against individuals or groups of people. Additionally, businesses must take reasonable steps to protect data from unauthorized access, use, or disclosure. Companies must also have measures in place to delete or destroy data if it is no longer needed. The South Carolina Department of Revenue also requires businesses that collect data to register with them. This registration ensures that businesses are in compliance with the state’s privacy laws. The state also has specific rules for making sure that businesses are not using data for deceptive practices or other fraudulent activities. Overall, data mining and analytics are subject to state and federal laws in South Carolina. These laws are designed to protect consumers and ensure businesses are using data ethically and responsibly.

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