Ron Raether, a partner and leader of Troutman Pepper’s Cybersecurity, Information Governance, and Privacy Practice Group, was quoted in the American Banker article, “State Data Privacy Laws Pose Compliance Headaches for Banks.”

Ron Raether, partner at Troutman Pepper, expects states and banks to follow a bell curve of adoption of these new rules, the way they did with data-breach statutes.

“You had the California law, and then you had a few early adopters, and then you had a mass of followers, and then you had a few late adopters,” Raether said. “I think we’re going to see that experience with the state privacy rules.”

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