News
With new consumer privacy laws set to take effect in several states in 2023, nearly six in 10 executives say their organizations are very prepared to meet these requirements. Yet when asked about particular actions taken, less than half have completed important steps toward compliance.
That discrepancy is one of the key findings in Womble Bond Dickinson’s 2022 State of US Data Privacy Law Compliance Survey Report, which draws on the insights of nearly 200 executives – 62% of whom hold C-suite titles – from company leadership and critical departments. In addition to providing a window into where companies stand in their data privacy compliance journeys, the report delves into two increasingly popular forms of consumer data collection: precise geolocation data and biometric information.
At the ACC Compliance and Ethics Network Membership Meeting on September 20th, Womble Bond Dickinson attorneys Tara Cho, Ted Claypoole and Taylor Ey presented a timely and informative Legal Quick hit, discussing the findings of this survey and what corporate counsel can learn to better prepare their companies to deal with data privacy regulations on the horizon.
