How the California Consumer Privacy Act (CCPA) will affect you and your business | TECH(talk)

The video discusses the differences between CCPA and GDPR, focusing on the legal implications and compliance challenges for companies. It highlights the impact of CCPA on businesses and consumers, emphasizing the need for adequate security measures. The discussion also covers the potential future of privacy laws in the U.S. and the importance of data governance for compliance.

What is one major difference between CCPA and GDPR?

• GDPR allows individuals to sue companies directly.

• CCPA allows individuals in California to sue companies directly.

• GDPR is only applicable to tech companies.

• CCPA applies to European companies only.

What is a potential outcome if a company is not compliant with CCPA?

• They may face no consequences.

• They will be banned from operating in California.

• They will receive a warning with no further action.

• They could be fined up to $750 per violation.

When did the CCPA law go into effect?

• Beginning of 2020

• Beginning of 2019

• Mid-2020

• End of 2020

What is a key difference in data definitions between GDPR and CCPA?

• GDPR excludes website usage history from personal information.

• CCPA excludes biometric data from personal information.

• GDPR includes geolocation data as personal information.

• CCPA includes geolocation data as personal information.

What is a common strategy companies might use to handle CCPA compliance?

• Implement best practices and show progress towards compliance.

• Only comply if they receive a complaint.

• Outsource all data management to a third party.

• Ignore the law and hope for the best.

How might companies handle data requests from California residents under CCPA?

• By setting up a separate system for California residents.

• By ignoring requests from non-California residents.

• By charging a fee for data requests.

• By deleting all data upon request.

How might CCPA influence other states or federal laws?

• It will have no influence outside California.

• It could serve as a model for other states and federal laws.

• It will lead to the repeal of GDPR.

• It will only affect tech companies in other states.

What is a significant challenge for companies in becoming CCPA compliant?

• Tracking and managing all personal data they collect.

• Increasing their advertising budget.

• Reducing their workforce.

• Finding new customers in California.

What is a potential impact of CCPA on business models?

• Businesses will need to stop collecting any data.

• Businesses may need to adjust models that rely on personal data.

• Businesses will have to increase prices for all services.

• Businesses will need to relocate outside California.

What is a potential risk for companies that do not comply with CCPA?

• They will be forced to shut down immediately.

• They may face extinction-level fines.

• They will lose all their customers.

• They will be banned from advertising.