DiscoverPrivacy AbbreviatedPrivacy Year In Review: Laws, the Impact, and the Elephant in the Room
Privacy Year In Review: Laws, the Impact, and the Elephant in the Room

Privacy Year In Review: Laws, the Impact, and the Elephant in the Room

Update: 2024-10-22
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For the season finale of Privacy Abbreviated, host Dona Fraser is joined by her friend Morgan Reed, President of The App Association to discuss a year in review of privacy. Dona and Morgan discuss it all, from major developments in regulatory and enforcement actions, the need for comprehensive U.S. privacy and understanding of global privacy laws, to children’s privacy and the 50-foot elephant in the room, AI. 


On each topic, Dona and Morgan focus on what the current state means for business, provide some practical advice, and outline where they see the privacy world evolving on the road ahead. 


Donna and Morgan discuss the evolving landscape of privacy regulations, focusing on the challenges faced by small and medium-sized businesses. They explore the implications of federal and state privacy laws, the impact of AI on data privacy, and the need for comprehensive reform to protect consumer expectations while supporting business growth. 


 


Key Takeaways:



  • Small businesses don’t want to be small forever, but they also don’t have the bandwidth and resources to scale AND comply.

  • The lack of a unified federal privacy law complicates compliance.

  • AI is a significant factor in shaping future privacy legislation.

  • State laws create a complex patchwork for businesses to navigate.

  • Consumer expectations must guide data practices.

  • Businesses need to understand their data-sharing practices.

  • Clear guidance on privacy laws is essential for compliance.


Chapters:


00:00 Introduction to Privacy Trends

03:06 Challenges for Small and Medium-Sized Businesses

05:57 Federal Privacy Legislation: Current Landscape

08:51 The Impact of AI on Privacy Regulations

12:14 State Privacy Laws and Their Implications

15:00 The Role of AI in Data Privacy

18:05 Navigating Privacy in a Complex Regulatory Environment

20:57 The Future of Privacy Legislation

24:12 Concluding Thoughts on Privacy and Business


Additional Resources:



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The post Privacy Year In Review: Laws, the Impact, and the Elephant in the Room appeared first on BBB National Programs.

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Privacy Year In Review: Laws, the Impact, and the Elephant in the Room

Privacy Year In Review: Laws, the Impact, and the Elephant in the Room

BBB National Programs