5 Important Effects of the Proposed Federal Privacy Law on Your Privacy Program
The American Data Privacy and Protection Act ("ADPPA"), the most recent proposed federal privacy law, is gaining support. In late July 2022, the House Committee on Energy and Commerce decided to send the bill to the House. [1] In either the House or the Senate, this is the first time a comprehensive privacy law will be put up for a full chamber vote. [2] This article's goal is to highlight a few ADPPA standards that could force businesses to improve or adjust their data privacy strategies. If the ADPPA materialises, we should know later this year, and companies will be better prepared if they are aware of the potential consequences. Executive Responsibility Section 301 . A major data holder is one that processes the covered data of 5 million people and generates $250 million in income. The Federal Trade Commission ("FTC") will require large data holders to certify on an annual basis that their organisation maintains internal controls that are reasonably designe...