2018 marked the year that governments, businesses, and other organizations around the world started implementing GDPR — not just in Europe but worldwide. However, even as businesses have clamored for enhanced data protection, there have been major missteps along the way, many of which resulted in catastrophic compromise of important user data. Why does data hold such importance? Firstly, I need to discuss why data has become the currency of today’s businesses. This not only includes customer or user data, but also data on processes, finances, transactions, and just about anything relating to how a business operates. With the rise…
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