Felicia Jafferies and Amanda Graham Brazinski, Reuters; Navigating the patchwork of U.S. privacy and cybersecurity laws: key regulatory updates from summer 2023
"The increasing patchwork of privacy and cybersecurity statutes, rules, and regulations on the state and federal level will likely result in further compliance costs to entities. In addition, these new laws create new grounds for governmental oversight that could result in a costly defense of regulatory investigations and exposure to civil penalties.
Indeed, federal and state regulators continue to enforce existing laws that may touch on privacy and cybersecurity with increasing frequency, and the addition of these new laws provide regulators with an increased ability to bring enforcement actions. Finally, the public disclosure requirements that many of these laws require expose companies to more potential lawsuits following any public notification resulting from an incident."
