Data privacy is top of mind this year for many businesses. This year, security breaches have already increased by 33% and the amount of exposed records have more than doubled. Meanwhile, government-backed privacy and security regulations are requiring more transparency and enforcing higher levels of culpability from all organizations that handle data. Although the California Consumer Privacy Act (CCPA) is intended for California consumers, enterprises across the U.S. are adjusting their cybersecurity procedures and policies in anticipation of further regulations – and to avoid critical costs.
The CCPA ripple effect in the enterprise: How to prepare
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