Many US organizations unprepared for new privacy regulations, according to survey, & they’re wishing for a federal law
Privacy spending budgets are going up and corporate executives are concerned, but only 59% of those surveyed by Womble Bond Dickson law firm, felt their organization was “very prepared” to meet state guidelines in new US consumer privacy legislation. Further, 88% said they would prefer having a federal law to more state regulations. While 89% reported their tech budget had increased, the majority indicated it did so at a moderate pace.