33 Data Privacy Week Comments from Industry Experts in 2023
33 Data Privacy Week Comments from Industry Experts in 2023
Posted on in Featured, Identity Management News, Staff Pick
For Data Privacy Week, the editors at Solutions Review have compiled a list of comments from some of the top leading industry experts.
As part of Data Privacy Week (January 22-28) we called for the industry’s best and brightest to share their Identity Management, Endpoint Security, and Information Security comments. The experts featured represent some of the top Cybersecurity solution providers with experience in these marketplaces, and each projection has been vetted for relevance and ability to add business value.
33 Data Privacy Week Comments from Experts
Chander Damodaran, CTO at Brillio
Digital adoption has taken a quantum leap, forever changing how organizations, industries, societies and people operate and behave. The pandemic accelerated the digitalization of customer interactions by several years, and there’s no turning back: we now live in an era of digital. With higher levels of digitalization, the volume of data has greatly expanded– which, in turn, has attracted new types of cybercrimes and attacks.
As more organizations become data driven, where data is used to make key business decisions rather than human intuition, it’s imperative to embrace a “data culture” that impinges on data democratization to provide unfettered, enterprise-wide data access to everyone in the organization, while ensuring data privacy controls and security are fully baked into the organization’s data strategy.
Soumendra Mohanty, Chief Strategy Officer at Tredence
Companies today face a host of data privacy issues and challenges, including a proliferation of data that needs to be protected and the rising costs that must be incurred do so, federal and local privacy regulations, the ongoing threat of cyberattacks and crime, new and advanced technologies that can be both helpful and challenging to employ, increased scrutiny and more. By understanding these issues, companies can take steps to better protect their data and improve their data privacy practices. It is imperative to prepare for the future now. More regions and states continue to add specific privacy laws and regulations– in the next year, about 65 percent of the world will have data privacy regulations in place, according to Gartner, so companies must review their business strategies when it comes to data protection and update accordingly to prevent unpleasant surprises.
If you haven’t already, take an inventory of your data and ensure your policies are up-to-date regarding data storage and sharing. Communicate internally and externally to ensure your stakeholders are aware of your data protection and offer transparency around your practices. Companies have the choice of crafting internal data privacy management policies and practices internally or engaging an organization proficient in helping companies establish such practices. While no single checklist will suit every company, solid data privacy management incorporates access control, cybersecurity planning, device security, end-user training, ongoing updates, strong password policies, secure communications, data backup, and ongoing review with nimble adjustments as needed.
