You have heard of the CCPA, right? Well, do you know there is another law that is actually fairly similar to the CCPA?
It’s true. The difference is that this law affects the EU, not California and its residents. Well, that’s at least one of the differences between them.
What is this European law? It’s called the GDPR. Let’s take a further look at it:
The General Data Protection Regulation (GDPR) is not a very old law. It has been effective since 2018.
Simply put, the GDPR sets guidelines for companies to follow. These companies have to be within the EU. and, similarly to the CCPA, this law also affects the way that data collecting is handled.
What kind of data? Personal data. The GDPR controls how businesses get to handle data like names, e-mail addresses, location data, browser history, and so on. As for the businesses, they can be websites, companies, and organizations.
If anyone that is from within the EU visits your website or is affected by your business, then you have to comply with the GDPR. Meaning that before you collect your customer’s data, you need to first have their consent.
But, does that aspect make the GDPR that different from the CCPA?
Yes, it does. The GDPR is a lot more widespread than the CCPA. the CCPA doesn’t get to cover a lot of ground.
The GDPR also gets to cover a lot more businesses. These businesses include non-profit organizations, public bodies, institutions, and so on.
The CCPA is not that grand in terms of scope. Here’s why:
The GDPR gets to cover a lot more than just businesses. But, that’s not really the case for the CCPA.
The CCPA only affects businesses and the customers that these businesses affect. A business needs to fit into at least one of these criteria to feel the effects of the CCPA:
- Generate an annual gross revenue of over $25 million.
- Collect, buy, or sell the personal data of 50,000 or more California residents, households, or devices.
- Derive 50% or more of annual revenue from selling the personal data of California residents.
The CCPA also doesn’t cover a ton of different places, as we explained earlier. The GDPR may affect the entirety of the EU. But, the CCPA only affects California.
However, one thing that both the CCPA and the GDPR have in common is fines.
If businesses don’t comply with either of these laws, then they will get a fine. And, in both cases, these fines are pretty expensive.
GDPR fines can be as expensive as €20M. On the other hand, CCPA fines can go up to $7500.
So, it’s pretty fair to say that no business would ever want to deal with something like this. Luckily, no business ever has to suffer through that. All they have to do is encrypt their data.
Data Encryption is the Way to Go
Data encryption is by far the best way to protect your customer data. If your customers know that their data is safe, then they won’t have to worry about it getting lost.
Just get the best encryption tool out there: BitLocker.
Plus, complying with both the GDPR and CCPA can be that much easier. So, nothing is stopping you.
You can learn more about the CCPA, and walk the road to success. We can help with everything you need!