CCPA
California law granting residents rights over personal data
ISO 55001
International standard for asset management systems.
Quick Verdict
CCPA mandates California consumer data privacy rights with fines up to $7,500 per violation, while ISO 55001 is a voluntary asset management certification enhancing lifecycle value and governance for asset-heavy organizations worldwide.
CCPA
California Consumer Privacy Act (CCPA/CPRA)
Key Features
- Consumer rights to know, delete, correct, opt-out of sales/sharing
- Thresholds: $25M revenue or 100K CA consumers/devices processed
- Mandatory notices at collection and Do Not Sell/Share links
- 45-day DSAR fulfillment with reasonable identity verification
- $7,500 per intentional violation fines by CPPA/AG
ISO 55001
ISO 55001: Asset management — Management systems — Requirements
Key Features
- Strategic Asset Management Plan (SAMP) requirement
- Annex SL structure for integration with other ISO standards
- Formal asset decision-making framework
- Risk and opportunity actions separation
- Outsourcing and change management controls
Detailed Analysis
A comprehensive look at the specific requirements, scope, and impact of each standard.
CCPA Details
What It Is
The California Consumer Privacy Act (CCPA), as amended by the California Privacy Rights Act (CPRA), is a state regulation establishing consumer privacy rights for California residents. It targets for-profit businesses meeting thresholds like $25M revenue or handling 100K+ consumers' data. Primary purpose: empower consumers with control over personal information (PI) via rights-based approach including opt-out of sales/sharing.
Key Components
- Core rights: know/access, delete, correct, opt-out sales/sharing, limit sensitive PI use.
- Obligations: notices at collection, privacy policies, DSAR handling within 45 days, vendor contracts, GPC honoring.
- Built on expansive PI definitions (identifiers, inferences, households); enforced by CPPA and AG with fines up to $7,500/violation; private breach actions.
Why Organizations Use It
Mandatory for qualifying businesses to avoid fines, litigation, reputational harm. Strategic benefits: data governance efficiency, consumer trust, market differentiation, GDPR alignment, reduced breach risks.
Implementation Overview
Phased: scoping/gap analysis (0-3 months), policies/contracts (1-4 months), technical controls (2-6 months), operationalization/training, audits. Applies globally to CA data handlers; cross-functional, tech-heavy (automation, mapping); no certification but continuous audits required.
ISO 55001 Details
What It Is
ISO 55001:2024 is the international standard specifying requirements for an Asset Management System (AMS). It provides a management system framework to establish, implement, maintain, and improve processes that realize value from assets across their lifecycles. Applicable to any organization managing assets, it uses a risk-based, PDCA (Plan-Do-Check-Act) approach aligned with Annex SL for integration with other ISO standards.
Key Components
- Clauses 4-10 cover context, leadership, planning, support, operation, performance evaluation, and improvement.
- 72 'shall' requirements emphasizing SAMP, decision-making framework, and risk/opportunity management.
- Built on ISO 55000 principles; certification via accredited audits.
Why Organizations Use It
- Drives value optimization, cost reduction, and resilience in asset-heavy sectors like utilities and infrastructure.
- Meets regulatory pressures, enhances stakeholder trust, and breaks silos.
- Improves decision quality, outsourcing controls, and continual improvement.
Implementation Overview
- Phased: gap analysis, SAMP development, process integration, training, audits.
- Suited for mid-to-large organizations globally; 12-24 months typical; voluntary certification.
Key Differences
| Aspect | CCPA | ISO 55001 |
|---|---|---|
| Scope | Consumer personal data privacy rights and obligations | Asset management system lifecycle governance |
| Industry | All sectors handling CA resident data, US-focused | Asset-intensive sectors globally, all sizes |
| Nature | Mandatory state regulation with enforcement agency | Voluntary international certification standard |
| Testing | CPPA audits, consumer request handling verification | Internal audits, management reviews, certification audits |
| Penalties | $2,500-$7,500 per violation, private breach actions | Loss of certification, no direct legal fines |
Scope
Industry
Nature
Testing
Penalties
Frequently Asked Questions
Common questions about CCPA and ISO 55001
CCPA FAQ
ISO 55001 FAQ
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