LGPD
Brazil's comprehensive law for personal data protection
U.S. SEC Cybersecurity Rules
U.S. SEC rules for cybersecurity incident disclosure and governance
Quick Verdict
LGPD mandates comprehensive data protection for Brazilian residents globally, while U.S. SEC rules require public firms to disclose material cyber incidents rapidly. LGPD ensures privacy rights; SEC boosts investor transparency. Companies adopt both for compliance and trust.
LGPD
Lei Geral de Proteção de Dados Pessoais (Law 13.709/2018)
Key Features
- Extraterritorial scope targets Brazilian residents' data processing
- 10 core principles expand beyond GDPR with prevention, non-discrimination
- Fines up to 2% Brazilian revenue capped at R$50 million
- Mandatory Data Protection Officer for controllers with public disclosure
- 3-business-day breach notifications to ANPD and data subjects
U.S. SEC Cybersecurity Rules
Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
Key Features
- Four-business-day material incident disclosure on Form 8-K
- Annual risk management and governance in Item 106
- Board oversight and management role disclosures
- Inline XBRL tagging for structured data
- Third-party risk processes inclusion
Detailed Analysis
A comprehensive look at the specific requirements, scope, and impact of each standard.
LGPD Details
What It Is
Lei Geral de Proteção de Dados Pessoais (LGPD), Law No. 13.709/2018, is Brazil's comprehensive federal data protection regulation. Enacted in 2018 with full enforcement since 2021, it safeguards personal data of natural persons through risk-based accountability. Scope covers any processing in Brazil, targeting residents, or collected there—extraterritorial like global peers.
Key Components
- **10 core principlespurpose limitation, necessity, transparency, security, prevention, non-discrimination, accountability.
- **Data subject rightsaccess, correction, deletion, portability, objection to automated decisions.
- **Legal bases10 options including consent, contracts, legitimate interests.
- **Governancemandatory DPO for controllers, DPIAs for high-risk, RoPAs. Compliance via ANPD enforcement, no certification but audits/sanctions.
Why Organizations Use It
Mandated for processors/controllers of Brazilian data; avoids fines up to 2% Brazilian revenue (R$50M cap), suspensions. Enhances trust, enables market access in Brazil's digital economy, reduces breach risks amid cyber threats.
Implementation Overview
**Phased risk-based approachgovernance/DPO appointment, data mapping/RoPA, policies/DSRs, technical controls, vendor management/SCCs, training/audits. Applies universally—no size exemptions; multinationals prioritize transfers. ANPD oversees via graduated sanctions.
U.S. SEC Cybersecurity Rules Details
What It Is
U.S. SEC Cybersecurity Rules (Release No. 33-11216), adopted July 2023, is a federal regulation mandating standardized disclosures for public companies. It requires timely reporting of material cybersecurity incidents and annual details on risk management, strategy, and governance, applying a materiality-based approach under securities law principles.
Key Components
- **Form 8-K Item 1.05Four-business-day disclosure of material incidents' nature, scope, timing, and impacts.
- **Regulation S-K Item 106Annual processes for risk assessment, third-party oversight, board/management roles.
- Inline XBRL tagging for structured data.
- Built on existing securities materiality (TSC Industries test); no fixed controls.
Why Organizations Use It
Enhances investor protection via timely, comparable info; integrates cyber into disclosure controls. Reduces asymmetry, supports capital efficiency; avoids enforcement like Yahoo penalties.
Implementation Overview
Phased: incident reporting Dec 2023 (SRCs June 2024); annual FYE Dec 2023. Involves cross-functional playbooks, materiality frameworks, governance docs, vendor clauses. Applies to all Exchange Act filers; no certification, but SEC exams/enforcement.
Key Differences
| Aspect | LGPD | U.S. SEC Cybersecurity Rules |
|---|---|---|
| Scope | Personal data processing, rights, security, transfers | Public company cyber incident disclosure, governance |
| Industry | All sectors processing Brazilian data, global reach | Public companies, all industries, U.S. listed |
| Nature | Mandatory data protection law, ANPD enforcement | Mandatory SEC disclosure rules, fines for violations |
| Testing | DPIAs for high-risk, security measures, audits | Materiality assessments, disclosure controls testing |
| Penalties | 2% Brazilian revenue, max R$50M per violation | Civil penalties, enforcement actions, injunctions |
Scope
Industry
Nature
Testing
Penalties
Frequently Asked Questions
Common questions about LGPD and U.S. SEC Cybersecurity Rules
LGPD FAQ
U.S. SEC Cybersecurity Rules FAQ
You Might also be Interested in These Articles...
What is DORA and which Requirements does the Standard define?
Discover DORA requirements for info security, strict authority monitoring, and steps to achieve compliance. Build a resilient organization with our detailed gui
Singapore PDPA Implementation Guide: Mastering Part 6A Breach Notification Thresholds and Timelines from Primary Statute
Master Singapore PDPA Part 6A breach notifications: statutory thresholds (risk of significant harm), 72-hour timelines, checklists, templates & frameworks. Comp
Top 5 Reasons HITRUST CSF's MyCSF Platform Crushes Evidence Overload for R2 Assessments in Hybrid Cloud Environments
Explore top 5 advantages of HITRUST MyCSF for 1,400+ R2 controls in hybrid clouds. Slash docs by 30%, dodge under-scoping, achieve continuous compliance for hea
Run Maturity Assessments with GRADUM
Transform your compliance journey with our AI-powered assessment platform
Assess your organization's maturity across multiple standards and regulations including ISO 27001, DORA, NIS2, NIST, GDPR, and hundreds more. Get actionable insights and track your progress with collaborative, AI-powered evaluations.
Check out these other Gradum.io Standards Comparison Pages
FISMA vs MAS TRM
Discover FISMA vs MAS TRM: Compare U.S. federal cybersecurity law with Singapore's financial tech risk guidelines. Key differences, compliance strategies & implementation for global resilience. Dive in now!
K-PIPA vs FDA 21 CFR Part 11
Compare K-PIPA vs FDA 21 CFR Part 11: Key compliance diffs in consent, breaches, CPOs, validation & audit trails. Master global data regs—optimize strategy now!
GMP vs AS9120B
Explore GMP vs AS9120B: Compare pharma quality controls with aerospace distributor standards. Unlock key differences, compliance strategies & risks for global supply chains. Optimize your QMS today!