The red-hot battlefield of data privacy and security is set to blaze even brighter in 2024. The landscape is abuzz with the anticipation of several new state privacy laws, poised to escalate the ongoing regulatory storm fueled by artificial intelligence. As the pace quickens, practitioners brace for the formidable task of holding executives accountable for cybersecurity-related disclosure deficiencies.
Cybersecurity & Privacy Policy To Watch In 2024 :The Growth of State Privacy Laws, Enforcement
In a labyrinth of legal intricacies, the state data privacy law count more than doubled in 2023. Iowa, Indiana, Tennessee, Montana, Florida, Texas, Oregon, and Delaware joined the fray, creating a tapestry of complexity alongside the existing 13 states with comprehensive laws. Legal minds predict this trend to continue its explosive trajectory in the coming year.
“I certainly expect more [comprehensive data privacy] laws in 2024,” warns Kirk Nahra, co-chair of the cybersecurity and privacy practice at WilmerHale. The battleground shifts towards whether these laws will push the envelope, creating fresh challenges for corporate America.
