As the amount of data being stored and created continues to grow exponentially across the globe, increased data protection has become crucial, and mandatory.
This has driven a range of international data protection laws, which have helped to increase trust and credibility across markets and customers, and given organisations a deeper understanding of data and its value.
However, the regulations that impact personal data protection vary significantly from region to region or even country to country.
Certain regions, such as the EU have stringent controls in place that impose heavy fines on those that fall foul of the rules while others, such as the US, have been wrestling with formal and centralised laws that deliver the protection needed.
However, in 2023, a global increase in data privacy legislation is predicted, including the development of privacy regulations in the US.
The latest trends
And as the prevalence of privacy laws grows around the world, organisations in every industry need to pay attention to ensure they comply with privacy requirements.
To unpack what is new and important in this area, Siobhain O'Mahony, CE and co-founder of Marco Polo Advisory, and Janine West, director at NTT, will be presenting on "Data privacy trends you need to know”, at the ITWeb Governance, Risk & Compliance 2023 conference, to be held on 16 February at the Capital Empire in Sandton.
According to O’Mahoney and West, as consumers constantly balance the value of their data against that of their privacy, we’re seeing a shift from apathy to advocacy.
During their presentation, they will share the top priorities for security and privacy leaders in 2023, including trends in investments in privacy technology, as well as trends in sanctions imposed for violations of privacy.
They will also discuss AI governance programmes, and career opportunities in data security and privacy.
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