There is a growing global recognition of the value of data and the importance of prioritizing data privacy and security as critical cornerstones of business operations. While many events and developments could be viewed as contributing to this trend, it would be difficult to argue that the increased discussion generated by today’s accelerating regulatory environment has not played a significant role.

Consumers are more aware of what constitutes personal data, who they do (or do not) trust to manage it, and are demanding a data-centric approach to address privacy and security.