Are you ready for CCPA compliance? The cost of a data breach has exponentially increased as the size of data increases. The 14th-annual Cost of Data Breach Study found that the average cost of a data breach was $3.92M and, on average, took 279 days to identify and contain. Violations of these regulations could cost you millions. The California Consumer Privacy Act (CCPA) went into effect on January 1, 2020, but covers data going back a year to January 1, 2019.