Future-Proofing Corporate Data Privacy: Budgeting and Solutions to Address Tomorrow’s Compliance Challenges

Download the white paper

The two-part survey report illustrates how organizations are balancing the costs and risks of managing data in an ever-changing data privacy landscape. In part one we discussed the importance of implementing a strategic combination of people, process and technology to mitigate data privacy risk. In part two, we cover emerging plans, and share corporations’ views of today’s uncertainties. Key findings include:

• 78 percent agreed with the statement: “The value of data is encouraging organizations to find ways to avoid complying fully with data privacy regulation.”
• 87 percent of respondents believed that steps toward compliance will mitigate regulatory scrutiny. More than half strongly agreed with this idea.
• 44 percent said they expect lack of awareness and training to be the key data privacy challenge of the coming year.