Staying Ahead of Regulatory Compliance Changes as Data Breaches and Penalties Reach Record Highs
Keeping up with changes to IT regulatory compliance and governance can be challenging due to their ever-evolving nature. Not only must organizations mitigate risks, protect sensitive data and prevent company financial and reputational loss, they also are adapting to societal changes that are driving transformation in the IT landscape. As more consumers utilize digital tools and services in their everyday lives, they are taking a vested interest in how their personal information is stored and used. They are placing greater social responsibility on companies to protect their data and act ethically at a time when record-high data breaches, fraud cases and regulatory noncompliance fines are the norm.