Dec 12, 2018
A new survey found that less than a quarter of respondents feel their enterprise has sufficiently addressed data management and privacy needs. What’s behind this pessimism and what actions can your enterprise take now?
Data management company ZL Technologies recently published results of a new survey revealing that information management professionals aren’t confident in their organization’s approach to privacy. These findings are especially concerning because privacy rulings are being introduced at an accelerated rate and it’s only a matter of time before consequences begin to set in.
Upside recently sat down with Callum Corr, data analytics specialist at ZL Technologies, to dig into the meaning behind these survey results. At ZL Technologies, Corr is responsible for ensuring clients around the world are safeguarding their own data as well as the data of consumers they handle on a daily basis.
Upside: Why do you think only 22 percent feel their organizations sufficiently address information management and privacy needs?
Callum Corr: I believe there are two issues at play here. The first is a cultural issue, not just the private versus public sector, but realistically the United States society as a whole. When it comes to privacy, the U.S. has always lagged behind Europe. The EU is taking a tough and progressive stance on privacy and we aren’t seeing similar action in the U.S. The CCPA may get the ball rolling, but it’s just a start.
The U.S. was built on the foundation of entrepreneurship and achieving the American Dream, regulations and compliance have always fallen secondary to this drive for success. It’s human nature to focus on what is going to drive you forward individually, but it takes foresight to realize that regulation might actually aid your future growth. We see this across the technology industry around the world, but particularly in the US, it is no coincidence that this industry is often referred to as The Wild West, where anything goes.
Second, many of these organizations haven’t had to deal with strict regulation yet. Tackling a law as encompassing as the GDPR in a siloed, segregated manner is absolutely terrifying from an infrastructure standpoint. As we have watched data evolve, organizations have struggled to keep up with the expectations that came with this evolution. Whether that was handling electronic records in lieu of file cabinets or being able to provide a tamper-proof audit trail from litigation, demands were constantly changing. This led organizations to purchase various technologies to handle each individual demand.
Please visit TDWI Upside to read the full article.
Click here to download the PDF version.