What international privacy laws must businesses be aware of?
Businesses located in Georgia must be aware of a few international privacy laws that could affect their operations. The General Data Protection Regulation (GDPR) was created to protect the data of individuals in the European Union. It applies to businesses that collect, store, and process personal data from customers or employees in the EU. Businesses must ensure that personal information is secure and obtain consent from customers before collecting any data. The California Consumer Privacy Act (CCPA) was created to protect the data of California residents and requires businesses to provide customers with details on what data is being collected and how it is being used. Businesses must also allow customers to opt out of having their information collected and shared. The Personal Information Protection and Electronic Documents Act (PIPEDA) was created to protect the data of individuals in Canada. It applies to businesses that collect, use, or disclose personal data of Canadians both within and outside of Canada. Businesses must obtain consent before collecting and using personal information and must provide customers with details on how their data is used. Finally, the Payment Card Industry Data Security Standard (PCI DSS) was created to ensure businesses that process credit and debit card payments are secure. Businesses must comply with a number of security standards such as encrypting payment data and regularly testing security systems. Overall, businesses must be aware of international privacy laws to protect the data of their customers and employees, adhere to regulations, and avoid fines or penalties for non-compliance.
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