Who doesn’t have a drawer full of items they might need at some point but haven’t used in months or even years? We’re all familiar with unintentional hoarding of things that may have been useful at one point but end up collecting dust and taking up unnecessary space. The same is true of data, but holding on to it for too long can have serious consequences.
With the California Consumer Privacy Act (CCPA) in full effect, organizations and consumers need to start thinking about it. The repercussions of failing to meet compliance requirements are severe, with fines of more than $7,500 for each violation. But the ramifications of disorganized data can impact a business far beyond paying consumers financial settlements for noncompliance.