Posts tagged Colorado
Colorado: 40 data breaches since new consumer privacy law …and counting.

Cybersecurity breaches that expose the personal information of consumers have become a common occurrence. And Colorado’s consumer data protection laws are there to provide comfort that should this happen to residents’ own personal data, the affected company must notify them within 30 days.

The state law came into effect in September 2018. But just five months later, in February 2019, 33 organizations had already reported data breaches, with notifications sent to more than 91,000 Colorado residents.

In this post, we take a look at how the Colorado Consumer Data Protection Law is shaping up - and the impact it is having on both consumers and businesses.

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Colorado Consumer Data Protection Law: Stronger and more challenging for businesses

In January 2018, lawmakers in Colorado introduced a radical new bill that requires “reasonable security procedures and practices” for the protection of Personal Identifying Information.

The legislation places a time limit for notifying the Attorney General and affected Colorado data subjects, in the event of a data breach. Last year, Colorado Governor John Hickenlooper signed the bill into law. In so doing, Colorado has joined California as a frontrunner in the race to strengthen existing data protection laws. The new law took effect as of September 1, 2018, introducing significant implications for Colorado based businesses and organizations.

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Colorado’s Data Privacy Laws ~ Keeping up with latest amendments

Most businesses update their policies every time there is a change in laws governing health insurance or wages. However, many companies are slow to react to amendments in data privacy laws.

In September last year, the state of Colorado updated the Protections for Consumer Data Privacy Act. The new law came into effect on May 29, 2018. This latest amendment introduces higher standards for the protection of consumers’ personal identifying information (PII) and affects companies of all sizes, and across most, if not all, business sectors.

So, what are the changes, and who is impacted by Colorado’s consumer data privacy laws?

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