There's a lot to digest when organizations explore their obligations under the California Consumer Privacy Act. Financial institutions get a reprieve from the CCPA in some regards thanks to the Gramm-Leach-Bliley Act exemption added to the law. The carveout withholds certain types of defined personal financial information from the CCPA's provisions on personal data. The exemption was brought up multiple times during a question-and-answer session with chief privacy officers from several big U.S. banks at the IAPP Privacy. Security. Risk conference. IAPP Staff Writer Joe Duball has the details on what the CPOs had to say.
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