Utah Data Privacy Legislation

Utah Moving on Data Privacy Laws

Utah is making moves in the data privacy realm. Two separate bills have come to light this year: The Genetic Information Privacy Act (GIPA)  was recently signed into law, and the Utah Consumer Privacy Act (UCPA) was introduced in Utah’s State Senate in February. The two bills cover very different ground, but both might have…
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Ccpa UPDATES

A Guide to Recent CCPA Updates

Since the California Consumer Privacy Act (CCPA) was established, California’s privacy legislation has seen its fair share of evolutions–from the CCPA’s initial amendments to the creation of a completely new supplemental law (the California Privacy Rights Act). Now, the California Attorney General has released additional CCPA regulations, with updates to four sections of the original…
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How to Respond to Automated Data Subject Requests

The implementation of high-profile data laws such as the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) have given consumers the ability to exercise previously-unheard-of rights.  This paradigm shift has left businesses and financial organizations scrambling to keep up, perhaps most notably with data access and opt-out requests–when consumers submit…
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At Last: US Proposes Federal Data Privacy Law

At long last, a comprehensive federal data privacy bill has been introduced in the US legislature by Representative Suzan DelBene (D-Washington). Known at the Information Transparency and Personal Data Control Act (ITPDCA) ensures the protection of “our most sensitive personal information including financial, health, genetic, biometric, geolocation, sexual orientation, citizenship and immigration status, social security…
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A Guide to the Data Privacy Laws Proposed by Texas

Texas State Representative Giovani Capligrione has filed six bills related to “increasing the protection of consumer data by the private sector.”  This follows the recent passing of a state bill mandating data breaches involving more than 250 Texas residents must be reported to the Attorney General. Capligrione implies that this bill has been a step…
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A Guide to FINRA’s 2021 Compliance Goals

The Financial Industry Regulatory Authority (FINRA) recently published their 2021 Report on FINRA’s Examination and Risk Monitoring Program. The report contains insights for FINRA’s regulatory operations and is designed to guide the compliance efforts of member firms. In the broadest sense, FINRA declares cybersecurity as “one of the principal operational risks facing broker-dealers,” expecting firms…
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A Guide to Florida’s Proposed Version of CCPA

The California Consumer Privacy Act (CCPA) has been an influential model for other states as they draft their own data privacy legislation. Recent laws from Virginia and Minnesota closely resemble CCPA, and now Florida has made joined the movement with a new data privacy law that is strikingly similar to California’s. The bill, called HB 969, has…
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How to Use New CSBS Cybersecurity Examination Tool

Any nonbank institution looking to protect against, mitigate and respond to cybersecurity threats should take advantage of the Conference of State Bank Supervisors’ (CSBS) new cybersecurity examination tool.  Unveiled during the Nationwide Multistate Licensing System Annual Conference in February, the resource is designed for state regulators to use during examinations, and for organizations to self-evaluate…
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EU Releases Draft Decision on UK Data Privacy Standards

Since the start of 2021, post-Brexit data relationships between the European Union and the United Kingdom have been governed by The EU-UK Trade and Cooperation Agreement, which established a 4-6 month temporary period where data could flow freely between the two jurisdictions.  Beyond that, the future was unclear. The grace period could have been extended…
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