What are the laws concerning the use of consumer data?

In Indiana, the use of consumer data is regulated by the Collection and Use of Personal Information Act. This act covers the manner in which companies use the personal information of their customers. The Collection and Use of Personal Information Act requires companies to obtain permission from consumers before collecting and using their information. The act also requires companies to provide consumers with the option to opt-out of the collection and use of their information. Furthermore, companies must disclose the nature and purpose of the information they are collecting and how it will be used. Additionally, companies are required to notify consumers when their information is shared with third parties. The act also stipulates that companies must establish and implement reasonable security measures to protect consumer data from unauthorized access. This includes encryption of data, limiting access to only authorized personnel, and regularly reviewing the effectiveness of the security measures in place. Companies found to be in violation of the Collection and Use of Personal Information Act may be subject to civil penalties. It is important for companies to be aware of their obligations under the act in order to ensure compliance with the law and avoid potential liability.

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What are the laws concerning the use of consumer data?

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