Humans now generate 2.5 quintillion bytes of data worldwide every day. The volume will only increase as digital innovations emerge, including the volume of personal data collected, used, and stored. Regulators around the world are working to protect personal data, and the EU General Data Protection Regulation (GDPR) has dominated the discussions for the past two years. In the US, the states have been actively seeking to protect personal data, and the federal government has recently shown interest in enacting federal laws. This webcast examines state-level initiatives as well as the impact a new federal data protection law could have on financial institutions and the vendors who serve them.
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