Five Reasons Why Data Privacy Compliance Must Take Center Stage in 2023

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 EMAOpens a new window, 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.