InfoSec Mag observed something a bit worrisome. "In advance of the California Consumer Privacy Act (CCPA) going into effect January 1, 2020, researchers analyzed how prepared US organizations are for the new regulations and found that nearly half of all companies will not be ready to comply with CCPA at the deadline.
According to research conducted by the International Association of Privacy Professionals (IAPP) and OneTrust, reputation and consumer privacy are the biggest drivers for CCPA compliance, yet only 55% of companies report that they will be ready by the January effective date.
"Our survey targeted a community of well-informed privacy professionals, and even they seem a bit caught off guard by the CCPA," said Rita Heimes, IAPP research director and data protection officer, said in a press release."Nevertheless, they seem to think it's not likely to be replaced by a federal law any time soon."
Though nearly half of those organizations surveyed will not be ready for the initial effective date, an additional 25% claimed they will be in compliance by the enforceable date of July 1, 2020.
"The CCPA is a major moment for the U.S. privacy landscape, and our research reveals companies that didn't need to overhaul privacy practices for GDPR compliance are now struggling to meet the CCPA's 2020 deadline," said Kabir Barday, OneTrust CEO and fellow of information privacy (FIP), in the release. InfoSec Mag has the story:
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