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Industries

Data and Information Brokering

At both the state and federal levels, there has been a greater focus on traditional and non-traditional information and data brokers.

Businesses that deal with data and information must adhere to privacy rules since they gather and sell personal information about people.

In the US, a few states have attempted to regulate data brokers. California and Vermont, for instance, have passed legislation to raise awareness of the data broker sector. In 2018, the first data broker law in the US was approved in Vermont, which mandates that data brokers register with the Secretary of State every year and disclose details about their data gathering techniques, opt-out procedures, buyer credentialing procedures, and security breaches. The next year, a similar law was approved by the California Legislature, which mandated that data brokers register with the state's attorney general each year and give information on how customers can choose not to have their personal information sold.

The regulatory environment is constantly evolving, therefore data and information brokers must be informed about new changes. With these advancements, PriCyai Advisory is here to help.

A

t both the state and federal levels, there has been a greater focus on traditional and non-traditional information and data brokers.

Businesses that deal with data and information must adhere to privacy rules since they gather and sell personal information about people.


In the US, a few states have attempted to regulate data brokers. California and Vermont, for instance, have passed legislation to raise awareness of the data broker sector. In 2018, the first data broker law in the US was approved in Vermont, which mandates that data brokers register with the Secretary of State every year and disclose details about their data gathering techniques, opt-out procedures, buyer credentialing procedures, and security breaches. The next year, a similar law was approved by the California Legislature, which mandated that data brokers register with the state's attorney general each year and give information on how customers can choose not to have their personal information sold.

The regulatory environment is constantly evolving, therefore data and information brokers must be informed about new changes. With these advancements, PriCyai Advisory is here to help.

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