Data Privacy 101: Using Technology to Close the Compliance & Security Gap

Data privacy continues to make headlines and be a concern for many organizations. According to a recent study by CNBC, 23.1% of the 39 CFOs see cyber-attacks as the number 1 external risk to their company. The average total cost of a data breach is $3.62 million, the global average cost per record is $141, the average data breach size is 24,089 records, and the odds of experiencing a data breach are as high as 1 in 4. With global regulations such as the GDPR and CCPA in place and more coming into effect as privacy practices mature, companies must take a very intentional review of the data they collect and how that data is processed across departments to comply with emerging privacy regulations. How is your organization managing data privacy? Does your board, executive team, and regulators have the confidence that the risk is being adequately addressed across your value chain? Join this webinar as our panel of experts discuss how to use technology to close the GRC gap and achieve data privacy, including: - Define and maintain a set of policies and procedures that indicate the expectations necessary to manage data privacy. - Evaluate the control environment and provide evidence of sustainable risk management practices. - Organize omni-channel data and manage privacy concerns from both a GRC and organizational perspective. - Translate legislation to business activities to ensure conformance with applicable laws. Incorporate globally accepted frameworks.