Over the past 15 years, several events have reshaped how we think about data — what it means from a business perspective and what rights individuals have regarding how their personal information is used. Data security governance undoubtedly will play a large role in the future; however, conversations are still in relatively early stages.

In 2016, when European regulators created the General Data Protection Regulation (GDPR) as a legislative framework that clearly mandates rules and fines, a fundamental shift occurred that elevated privacy to a board-level discussion. This resulted in CEOs taking part in the conversation while empowering the C-suite to make more decisions.