New Chorology Platform Delivers Patented Intelligent Automation and Enforcement of Consumer Data Privacy Mandates at Lowest Cost of Data Ownership
In recent years, Consumer Data Privacy and Protection has become one of the most significant security issues. The misuse of consumer data by eCommerce merchants and service providers in activities other than for use in the maintenance of customer information, has historically caused much concern amongst the general consumers of these services. Furthermore, the unauthorized disclosure, sale and sharing of the consumer information without their consent result in a major privacy exposure for the consumers, and has been a topic of increasing concern. Over the recent years, therefore, many regulations and compliance mandates have been sanctioned against such practices by the government and regulating authorities in many parts of the world.
Businesses are required to comply with these government regulations and mandates such as GDPR (General Data Privacy Regulation Act) in the European Union. In the United States similar mandates have been created. For example, CCPA (California Consumer Privacy Act) has been mandated in the state of California while several other states in the US are also formulating similar compliance acts. These Privacy laws are set up to protect personal information, financial information, consumer behavioral information and other such data from any wrongful perusal or for business/financial gains without the prior consent of the consumer.
