Look past the current privacy debate roiling Capitol Hill set off by Facebook’s huge data leak. Businesses will have to deal with new rules of the road when it comes to consumer data. It’s only a matter of time before Congress settles on federal legislation, though serious consideration won’t start before 2019 and may take even longer than that.
Coping with more-stringent, and potentially costly, privacy regulations won’t be easy for many firms. New requirements will touch all types of businesses that deal with consumer data, both small and large, tech and non-tech. That means more money and time spent on managing customer data and keeping tabs on upcoming rules.
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