Five Reasons Why Data Privacy Compliance Must Take Center Stage in 2023
December 19, 2022
Data privacy compliance is of undeniable importance today. Here are five reasons why.
Compliance will take center stage as a top business priority in 2023, spurred by several factors, including data privacy laws, cloud migration, and the need for data sharing and analytics, discusses Ameesh Divatia, co-founder and CEO of Baffle.
As someone who spends their workdays – and more than a few work nights—talking to executives about their most pressing data security concerns, I found that regulatory compliance became the most popular topic of conversation in 2022. But compliance concerns are more than anecdotal in nature. In a recent report from EMA, 95% of respondents said compliance concerns have impacted security strategies. Further, 74% of respondents indicated that they have plans to increase their annual investments to address compliance issues.