Cybersecurity and Privacy Concerns Fuel Raft of New Regulations
To say consumers have embraced our Digital Lifestyle would be a huge understatement. That structural shift in how we conduct our lives, transact, consume content, pay bills and so forth has led companies to respond with new services and points of connection while others have sought to leverage all the data crumbs to be collected and monetized along the way. We recently discussed the growing threat of cyber vulnerabilities but there is also the growing concern over digital data privacy. So much so, that we are seeing data regulations being enacted across the globe, and the fines associated with these regulations can not only do serious financial harm to a company found in violation, but they also open up a new attack incentive for bad actors.
