Governance, Risk and Compliance
Security Congress Abstract
Data localization laws increasingly demand local data storage and government access to data, putting intellectual property and privacy risk. The authoritarian model favored by China and Russia is gaining traction across the globe, while the European Union provides a democratic, privacy-preserving alternative with the General Data Protection Regulation. Trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the private sector are also introducing data flow and privacy requirements, asserting additional requirements and priorities for privacy and security. We will discuss the landscape of laws and policies shaping digital privacy and security, their direct impact on U.S. business operations, and how these laws are influencing the debate surrounding a U.S. federal data privacy regulation.