Between the first quarter of 2022 and the fourth quarter of 2023, around 21 percent of observed companies in the United States with annual revenue of more than 100 million went from non-compliant to manual compliance concerning the California Consumer Privacy Act (CCPA) and California Privacy Rights Act (CPRA). Those shifting from manual to automated compliance were approximately 14 percent. Compliance automation is the most effective and safe way for companies that need to meet requirements set by various data privacy regulations. Manual compliance, on the other hand, is more time-consuming and expensive.
Share of U.S. companies making progress in CCPA compliance from 1st quarter 2022 to 4th quarter 2023, by revenue
The source adds the following information:
"The research assessed a company's preparedness by considering if a company’s privacy policy:
(1) has no mention of CCPA (not compliant with CCPA),
(2) mentions CCPA and/or CPRA but mechanisms to submit DSARs is rudimentary (e.g., email, telephone only), and
(3) redirects CCPA and CPRA DSAR requests to a privacy rights management solution. Privacy rights management solutions provide either automated workflows or automated data discovery plus workflows.
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Cytrio. (February 1, 2024). Share of U.S. companies making progress in CCPA compliance from 1st quarter 2022 to 4th quarter 2023, by revenue [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404175/ccpa-cpmliance-progress-us-companies-by-revenue/
Cytrio. "Share of U.S. companies making progress in CCPA compliance from 1st quarter 2022 to 4th quarter 2023, by revenue." Chart. February 1, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404175/ccpa-cpmliance-progress-us-companies-by-revenue/
Cytrio. (2024). Share of U.S. companies making progress in CCPA compliance from 1st quarter 2022 to 4th quarter 2023, by revenue. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404175/ccpa-cpmliance-progress-us-companies-by-revenue/
Cytrio. "Share of U.S. Companies Making Progress in Ccpa Compliance from 1st Quarter 2022 to 4th Quarter 2023, by Revenue." Statista, Statista Inc., 1 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404175/ccpa-cpmliance-progress-us-companies-by-revenue/
Cytrio, Share of U.S. companies making progress in CCPA compliance from 1st quarter 2022 to 4th quarter 2023, by revenue Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404175/ccpa-cpmliance-progress-us-companies-by-revenue/ (last visited September 20, 2024)
Share of U.S. companies making progress in CCPA compliance from 1st quarter 2022 to 4th quarter 2023, by revenue [Graph], Cytrio, February 1, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404175/ccpa-cpmliance-progress-us-companies-by-revenue/
