TrustArc announced the results of its survey on how organizations are protecting and leveraging data, their most valuable asset
"The survey polled more than 1,500 respondents from around the world at all levels of the organization.
'There are more than 900 global privacy laws to which organizations must adhere, making privacy management an ongoing and dynamic challenge,' said Chris Babel, CEO, TrustArc.
'The TrustArc survey highlights just how difficult it can be to comply with even a single new regulation, such as CCPA, let alone the entire list of existing laws..."
Excelling at compliance doesn't protect any business from being hacked, yet pursuing a continuous risk management strategy helps
"With a few exceptions (such as spearphishing), cyberattacks are, by nature, brutally opportunistic and random. They are driven to disrupt operations at best and steal funds, records, and privileged access credentials at worst. Conversely, the most important compliance event of all, audits, are planned for, often months in advance. Governance, Risk, and Compliance (GRC) teams go to Herculean efforts to meet and exceed audit prep timelines working evenings and weekends..."
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