There is no dispute that California is the leading state when it comes to technology and privacy regulations. In June 2018, the California legislature enacted the California Consumer Privacy Act, which is the broadest privacy law in the country. This law, which is slated to go into effect in 2020, provides consumers with considerable control over their personal data. There is also no current federal law in effect that addresses data privacy in such a comprehensive manner.
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Settlement administrators often play a crucial role in reaching and finalizing class action settlements. These administrators can help efficiently manage settlements by ensuring precision and thoroughness. If a firm has not retained an administrator to help with a class action, there is a good chance that the court will appoint one. A court in Canada recently determined what obligations a class action settlement administrator has when evaluating an individual class member’s claim. The court concluded that the settlement agreement terms will play the biggest part in establishing an administrator’s role.
read more Regulating the Internet of Things (“IoT”) is a highly debated topic because it is hard for lawmakers to keep up with evolving technology. Simply put, IoT refers to a system of connected devices that can retain, analyze, and transfer information through a network. Examples of “things” include fitness trackers, smart phones, smart appliances, heart monitors, and automobile sensors. This concept is much more complex from a technical standpoint because the operational aspects of these devices are constantly changing and increasing the amount of data that is generated.
read more Ok, maybe not robots, but data process automation is growing at an exponential rate. Every day businesses are finding new ways to replace antiquated, time consuming, and inefficient processes with technology-based solutions. These technologies are in every industry from fast food with automated ordering systems and self-serve kiosks to robot bartenders. And in the future we may see self-driving cars that will replace taxi drivers, school bus drivers, and semi-truck drivers. As you can imagine, other businesses like banks, insurance companies, investment firms, and others in the service industry are following suit by looking for new ways to increase their bottom line by using technology to reduce costs.
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