First, what is your data?Your online data is information that businesses collect about you online, such as what you shop for, what social media posts you like, what you search for online, or where you go with your GPS.MORE: More insurance companies using drones to inspect homes, evaluate storm damageThe Texas Data Privacy and Security Act will apply to organizations that conduct business in Texas or generate products or services consumed by Texans.
Companies must comply within 45 days and those that don't can be fined up to $7,500.But the law does not apply to everyone collecting info about you.MORE: Houston woman's land stolen in title theft scam: FBI warns of growing trendIt does not apply to small businesses with fewer than 500 employees, state agencies, institutions of higher learning, electricity utilities and providers, and healthcare providers overseen by the U.S. Department of Health and Human Services.