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Virginia Approves New Data Privacy Law: States Take The Lead As U S Trends Closer To Europe s GDPR | Lowenstein Sandler LLP

What You Need To Know: Virginia has joined California in adopting a comprehensive data privacy law, with dozens of similar state laws pending. In the absence of federal legislation, businesses must comply with different data protection requirements on a state-by-state basis. Organizations that seek to retain a competitive edge and avoid regulatory and legal entanglements would be well-advised to accelerate–or begin–compliance efforts now. On March 2, the Virginia Consumer Data Protection Act (VCDPA) was signed into law, becoming the second comprehensive state privacy law in the United States. The VCDPA reflects core principles from the California Consumer Privacy Act of 2018 (CCPA) and its progeny, the California Consumer Rights Act (CPRA), adopted in 2020. However, the VCDPA departs from its West Coast predecessors in certain key respects and illustrates a growing trend of U.S. data privacy laws moving closer to the European General Data Protection Regulation (GDPR).

Virginia Consumer Data Protection Act: What Businesses Need to Know | Akin Gump Strauss Hauer & Feld LLP

To embed, copy and paste the code into your website or blog: On March 2, 2021, the Governor of Virginia signed the Virginia Consumer Data Protection Act (CDPA) into law, which goes into effect on January 1, 2023. The law applies only to businesses with large amounts of consumer data and does not apply to employee or business-to-business (B2B) data. The CDPA also provides broad exemptions, including for financial institutions subject to the Gramm-Leach-Bliley Act (GLBA) and covered entities and business associates subject to the Health Insurance Portability and Accountability Act (HIPAA). Broad in scope, the CDPA incorporates aspects of the California Consumer Privacy Act (CCPA), the California Privacy Rights Act (CPRA), and the EU General Data Protection Regulation (GDPR).

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