With the amount of personal data being exchanged across numerous platforms these days, it is no wonder that data security is becoming a huge topic of conversation in the business world. We are seeing an increase in cyber incidents and/or data breaches, which is exposing consumer data by the millions. Additionally, some companies sell their customer’s information, which may prove troublesome without proper disclosure and leave the organizations open to lawsuits.
This is why privacy security regulations, such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), have come to pass. Both aim to protect the consumers’ personal data with a set of compliance guidelines.