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The most valuable financial advice can only be given with the customer's explicit consent.
A financial services employee on average has access to 11 million files, of which 64% are highly sensitive data.
Cyberattacks and a lack of privacy infrastructure present enormous risks.
Eliminate unauthorized access and comply with fintech regulations. Increase your organization's efficiency and credibility.
Businesses should honor opt-out requests on all platforms for better customer engagement. Use Privacy Pillar for easy integration and to support individual data privacy rights.
Organize financial data effortlessly with data discovery and improve daily operations. Locate data across the organization and validate authorized user identities with a comprehensive data governance system.
Customers want personalized services and better data protection. Implement identity control measures that align with user profiles, preferences, locations, and consent to enhance engagement and build trust.
Automating data verification and tracking allows for prompt responses and improved metrics while reducing the risk of fines. Pre-designed workflows can handle deletion and updating tasks for data subject requests.
We at Privacy Pillar understand that every business is unique. And that's why we provide customizable compliance that simplifies privacy operations for every business requirement, so you pay what you need.
New Jersey Data Privacy Act (NJDPA)
Effective Date: January 15, 2025
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 100,000 consumer or 25,000+ consumers with 50% revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
Up to $10,000 for 1st violation and up to $20,000 for subsequent violations |
Florida Digital Bill of Rights (FDBR)
Effective Date: July 1, 2024
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| gross annual revenue of at least $1 billion or 50% or more revenue from targeted advertising | Access, Delete, Correct, Opt-Out, Portability |
Up to $50,000 per violation |
Rhode Island Data Transparency and Privacy Protection Act (RIDTPPA)
Effective Date: January 1, 2026
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 35,000 consumers or 10,000+ consumers with 20%+ revenue from data sales | Access, Delete, Correct, Opt-Out, Portability |
$10,000 per violation and between $100 – $500 for each intentional disclosure of personal data |
Dedicated Data Privacy Laws in Michigan
Michigan does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Indiana Consumer Data Protection Act (INCDPA)
Effective Date: January 1, 2026
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 100,000 consumers or 25,000+ consumers with data 50%+ revenue from data sales | Access, Delete, Correct, Opt-Out, Portability |
Up to $7,500 per violation |
Tennessee Information Protection Act (TIPA)
Effective Date: July 1, 2025
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 35,000 consumer or 10,000+ consumers with 20% revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
Up to $7,500 per violation |
Kentucky Consumer Data Protection Act (KCDPA)
Effective Date: January 1, 2026
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 100,000 consumers or 25,000+ consumers with data 50%+ revenue from data sales | Access, Delete, Correct, Opt-Out, Portability |
Up to $7,500 per violation |
Minnesota Consumer Data Privacy Act (MCDPA)
Effective Date: July 31, 2025
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 100,000 consumers or 25,000+ consumers with data 25%+ revenue from data sales | Access, Delete, Correct, Opt-Out, Portability |
Up to $7,500 per violation |
Dedicated Data Privacy Laws in West_Virginia
West_Virginia does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Washington D.C.
Washington D.C. does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Washington
Washington does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Wisconsin
Wisconsin does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Alaska
Alaska does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Louisiana
Louisiana does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Kansas
Kansas does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Vermont
Vermont does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Maine
Maine does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Mississippi
Mississippi does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Missouri
Missouri does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in North_Carolina
North_Carolina does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Georgia
Georgia does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Alabama
Alabama does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Arkansas
Arkansas does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in New_Mexico
New_Mexico does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Arizona
Arizona does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Nevada
Nevada does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Idaho
Idaho does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Wyoming
Wyoming does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in South_Dakota
South_Dakota does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in North_Dakota
North_Dakota does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in Hawaii
Hawaii does not have an official comprehensive consumer privacy law. However, there are a few privacy-related regulations in force and a few introduced bills moving through the state government.
South_Carolina does not have an official comprehensive consumer privacy law. However, there are a few privacy-related regulations in force and a few introduced bills moving through the state government.
Connecticut Data Privacy Act (CTDPA)
Effective Date: July 1, 2023
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 100,000 consumers or 25,000+ 25%+ revenue from data sales | Access, Delete, Correct, Opt-Out, Portability |
Up to $500,000 per violation |
Dedicated Data Privacy Laws in Massachusetts
Massachusetts does not have an official comprehensive consumer privacy law. However, there are a few privacy-related regulations in force and a few introduced bills moving through the state government.
Dedicated Data Privacy Laws in Ohio
Ohio does not have an official comprehensive consumer privacy law. However, there are a few privacy-related regulations in force and a few introduced bills moving through the state government.
Dedicated Data Privacy Laws in Illinois
Illinois does not have an official comprehensive consumer privacy law. However, there are a few privacy-related regulations in force and a few introduced bills moving through the state government.
Dedicated Data Privacy Laws in Oklahoma
Oklahoma does not have an official comprehensive consumer privacy law. However, there are a few privacy-related regulations in force and a few introduced bills moving through the state government.
Dedicated Data Privacy Laws in Pennsylvania
Pennsylvania does not have a comprehensive consumer data privacy and protection law, nor are any bills making progress at this time. However, it is protected by some privacy-related legislation.
Dedicated Data Privacy Laws in NewYork
New York does not have an official comprehensive consumer privacy law. However, there are a few privacy-related regulations in force and a few introduced bills moving through the state government.
Maryland Online Data Privacy Act (MODPA)
Effective Date: Oct 1, 2025
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 35,000 consumers or 10,000+ consumers with 20%+ revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
up to $10,000 per violation, and up to $25,000 for repeated violations |
Delaware Personal Data Privacy Act (DPDPA)
Effective Date: January 1, 2025
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 35,000 consumer or 10,000+ consumers with 20% revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
up to $10,000 per violation |
Effective Date: January 1, 2025
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 35,000 consumer or 10,000+ consumers with 25% revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
up to $10,000 per violation |
Virginia Consumer Data Privacy Act (VCDPA)
Effective Date: January 1, 2023
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 100,000 consumer or 25,000+ consumers with 50% revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
Up to $7,500 per violation |
Texas Data Privacy and Security Act (TDPSA)
Effective Date: July 1, 2024
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 35,000 consumer or 10,000+ consumers with 20% revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
Up to $7,500 per violation |
Oregon Consumer Privacy Act (OCPA)
Effective Date: July 1, 2024
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 100,000 consumer or 25,000+ consumers with 25% revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
Up to $7,500 per violation |
Montana Consumer Data Privacy Act (MTCDPA)
Effective Date: October 1, 2024
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 50,000 consumer or 25,000+ consumers with 25% revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
Not specified |
Iowa Consumer Data Protection Act (ICDPA)
Effective Date: January 1, 2025
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 100,000 consumer or 25,000+ consumers with 50% revenue from data sales |
Access, Delete, Portability Opt-Out |
Up to $7,500 per violation |
Nebraska Data Privacy Act (NDPA)
Effective Date: January 1, 2025
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| Annual gross Revenue exceeding $10 million or buying/selling/sharing personal information of 50,000 or more consumers or 50%+ revenue from data sales | Access, Delete, Correct, Opt-Out, Portability |
Up to $7,500 per violation |
Effective Date: July 1, 2023
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| 100,000 consumers or 25,000+ 25%+ revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
Up to $20,000 per violation with a total maximum penalty of $500,000 |
Utah Consumer Privacy Act (UCPA)
Effective Date: December 31, 2023
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| $25M revenue and 100,000 consumer or 25,000+ consumers with 50% revenue from data sales |
Access, Delete, Opt-Out, Portability |
Up to $7,500 per violation |
California Consumer Privacy Act (CCPA)/CPRA
Effective Date : January 1, 2020/2023
| Applicability | Consumer Rights | Penalties |
|---|---|---|
| $25M revenue, 50,000 consumers, or 50%+ revenue from data sales |
Access, Delete, Correct, Opt-Out, Portability |
$2,500 per violation; $7,500 for intentional violations |
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