with Harvey Nusz, President for Houston ISACA 10/06/2020
© Elevate Xchange all rights reserved 09/2020
Privacy regulation will take on a more significant role for 2021 with America lagging The EU and Canada and California the state that is leading with stronger controls. Harvey says, “It is our culture that drives how Data Privacy will be viewed and regulated in 2021.” Historical experiences from the genocide of peoples in different governments like Germany during World War II have made privacy a priority over convenience. These experiences can create a more protective culture.
In America, the challenges concerning how companies use data have surfaced due to what is seen as extremes and violations from companies like Facebook. Because of the 2016 election as one example, moralistic integrity has become front and center with many media platforms seen as offenders, among others.
“Until Privacy laws have the same consequences as Sarbanes Oxley with prison sentences and financial hardships, Privacy Laws have no teeth,” relayed Harvey. As America’s economy returns, you will begin to see more adoption of GDPR and revisions for CCPA with teeth. CPRA is on the California ballot for the next election because CCPA did not have the impact of protection. Gartner predicts that by 2023 65% of all states will have some form a privacy law that will have consequences.
Our younger generation is a generation of convenience over privacy. How many of you actually read the privacy policy for the online services you purchase from? To be able to buy from these websites, you may be agreeing to have your information be used without knowing it. You may not be able to purchase from sites unless you do agree. More transparency is needed on how companies use our data. Controls need to be put in place and understandable policies need to be offered without the legal ease and fine print.
Harvey’s enlightening intelligence on Privacy and his expertise is a must watch: https://bit.ly/EXEPIC-HARVEYNUSZ
NOTE: ISACA is a community of more than 140,000 global professionals (125,000 members and 15,000 non-member certification holders), ISACA is characterized by its diversity. Members live and work in more than 200 countries and cover a variety of professional IT-related positions.
Harvey is the owner of 4IT Security, Governance, & Compliance helping Texas based companies gain control, get secure, and keep up with compliance.