Businesses in a variety of industries, including financial services, health care, and government, have to abide by data privacy regulations that have been put in place in over 100 countries around the world. This means that organizations must make sure they are compliant with these laws, such as the EU's General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA), and the American Data Privacy and Protection Act.
In 2020, a staggering 4.2 zettabytes of data were stored each year, so it's no surprise that organizations must take steps to ensure they are managing their data properly. This includes identifying which laws apply to them, reducing data volumes, and building multi-functional teams. In addition, organizations should take steps to minimize the data they keep and map out the data they have.
Organizations may also want to seek out technology partners and service providers that can help with compliance operations. With the help of these partners, organizations can make sure they are staying compliant with data privacy regulations and protecting the data they store.