Colorado is the third state, after California and Virginia, to get a comprehensive data privacy statute through its legislature. While the Colorado Privacy Act (CPA) awaits signature by Governor Polis, businesses are assessing to what extent the CPA will impact their privacy programs.
The following provides a high-level cross-reference to help companies compare and contrast the California Privacy Rights Act of 2020 (CPRA), which is set to go into effect in 2023, with the CPA:
CPRA | Colorado Privacy Act | ||
Ability to Process Data | Permissible Purpose |
✓ (Must obtain consent to process sensitive data) |
|
Data Minimization | ✓ |
✓ (May only collect minimum data necessary) |
|
Individual Rights | Right to be Informed (aka Notice to Data Subjects) | ✓ | ✓ |
Right to Access | ✓ | ✓ | |
Right to Correction (aka Right to Rectification) | ✓ | ✓ | |
Right to Deletion (aka Right to Be Forgotten) | ✓ | ✓ | |
Right to Opt-Out of Behavioral Advertising | ✓ | ✓ | |
Right to Opt-Out of Sale | ✓ | ✓ | |
Right to Object to Use of Sensitive Information |
(While consent is required for special category processing, no express right to withdraw consent). |
||
Right to Nondiscrimination | ✓ | ✓ | |
Financial Incentive Disclosure | ✓ | ||
Accountability & Governance | Documentation and Recordkeeping | ✓ | |
Privacy Risk Assessment | ✓ | ✓ | |
Security | Appropriate Data Security to Safeguard Information | ✓ | ✓ |
Breach Notification |
✓ (Via related statute) |
✓ (Via related statute) |
|
Transfers to Third Parties | Contractual Requirements in Service Provider Agreements | ✓ | ✓ |