VCDPA
The Virginia Consumer Data Protection Act (VCDPA) regulates the collection and use of any personal data obtained from consumers, including those done over mobile devices. This is the second major state law to regulate user data privacy in the country since California CCPA passed.
Companies that collect or sell any customer data should consider taking steps to determine whether they need to comply with it.
The first step is to review their current policies & procedures and review them again after VCDPA goes into effect on Jan 1, 2023.
Policies should emphasize transparency, disclosure of usage & disclosure of privacy practices and assess whether existing agreements are adequate or require revisions.
The Question is, does VCDPA Affect Your Organization?
VCDPA applies to companies with at least 100,000 users in Virginia that have residents in Virginia. It also applies to companies that aim to target residents of Virginia.
Virginia has a population of 8 million people with roughly 67% online users. And with roughly 53 million users in the United States (source: World Bank), this is far above the criteria set out by VCDPA.
VCDPA also applies to companies based outside Virginia, who derive greater than 50% of their gross revenue from selling data from Virginia residents. If you don’t comply with the Virginia Consumer Data Protection Act (VCDPA), your company could face penalties of up to $7,500 per violation.
VCDPA applies to companies with at least 100,000 users in Virginia that have residents in Virginia. It also applies to companies that aim to target residents of Virginia.
Virginia has a population of 8 million people with roughly 67% online users. And with roughly 53 million users in the United States (source: World Bank), this is far above the criteria set out by VCDPA.
VCDPA also applies to companies based outside Virginia, who derive greater than 50% of their gross revenue from selling data from Virginia residents. If you don’t comply with the Virginia Consumer Data Protection Act (VCDPA), your company could face penalties of up to $7,500 per violation.
