Global privacy laws bloom one after the other: first the European GDPR, then the Brazilian LGPD, and now the Chinese PIPL. All of them aim to unify the multiple local privacy laws that regulate the processing of personal data.
But this increasing number of laws can make it difficult for companies to keep up and stay compliant. What differentiates those laws from one another? Do they all impact your company? Do they take different approaches in enforcement?
This webinar will review:
-The differences between the current global privacy laws
- The global privacy laws trends
- What your company needs to do to be compliant
2. 2
Agenda
● The differences between the current global privacy laws
● The global privacy laws trends
● What your company needs to do to be compliant
● Q&A
4. 4
Poll
❏ Just starting
❏ On the right track and making progress
❏ Feel solid, but need tweaks
❏ Mature and just checking
What is the status of your privacy program?
5. 5
Poll
❏ GDPR (whether UK or EU)
❏ Latin America, namely LGPD
❏ PIPL
❏ PIPEDA
❏ US state laws
What law(s) are you most worried about?
6. 6
Poll
❏ Knowing the laws I need to know
❏ DPIAs/PIAs getting done right
❏ Keeping current on business processes
❏ Identifying and managing sensitive data
❏ Other
What programmatic elements keep you up at night?
7. 7
of people report
that data privacy is
a concern.
view data privacy
as a human right.
97%
87%
7
Source: 2020 KPMG survey
8. 8
Increasingly, privacy is a purchase driver for consumers.
Is my personal
information being sold?
Is it secure?
Does this company
protect my privacy?
9. 9
Leaders are making privacy a business priority
and privacy executives have a seat at the table.
Percentage of CPOs
reporting to CEOs
Number of privacy
officers worldwide
2021
2019
2018: 3,000
2022: 1,000,000
40%
23%
11. 11
China’s new law raises the financial stakes even higher.
China’s Personal Information
Protection Law (PIPL)
Personal fines of up
to 1 million Yuan
(~$155,000)
The maximum penalty for
the organization is up to 50
million Yuan (~$7.7 million) or
5% of annual revenue
$155,000 $7.7m
12. 12
Thank You!
See http://www.trustarc.com/insightseries for
the 2022 Privacy Insight Series and past
webinar recordings.
If you would like to learn more about how TrustArc can support
you with compliance, please reach out to sales@trustarc.com for a
free demo.