Complying with the California Consumer Privacy Act of 2018 for Financial Institutions
The state of California has passed a digital privacy law that requires businesses to make disclosures about their collection, use, and dissemination of consumer personal information. The California Consumer Privacy Act (CCPA) will have far-reaching effects on how financial institutions manage their customer data.
It is critical to get started with a compliance program, both because of the effort involved and the fact that other states are expected to follow California’s lead with their own versions of the CCPA. This guide explores:
- CCPA objectives, expectations, and deadlines
- How to establish a CCPA compliance program
- Challenges you can expect
- How Perficient can help