The following post was originally included as part of our recently published memorandum “Selected Issues for Boards of Directors in 2021”.
Patchwork and continually changing regulation continues to be the trend in data privacy law, with 2020 adding new legislation to the fray and striking down some existing privacy structures. 2021 will likely be a time of reflection for businesses trying to adjust to impending new requirements in the face of an increasingly remote workforce and customer base.
Boards and management will need to ensure that their businesses not only adjust to the legislation that entered into force in 2020, but are also preparing for the implementation of additional legislation on the horizon. As always, boards and management will need to continue to monitor the evolving privacy compliance landscape to ensure that they are mindful of privacy obligations and attendant risks when implementing their business objectives and oversight going into 2021.