Privacy compliance as a competitive differentiator: 97% of 3,200 companies surveyed say they are receiving auxiliary benefits today from their data privacy investments, beyond just meeting compliance requirements.
Benefits cited include:
-
greater agility and innovation
-
competitive advantage versus competition
-
operational efficiency
-
investor appeal
-
less costly data breaches
-
for companies that had undergone GDPR compliance work, breaches are said to have included fewer records, be shorter in duration and led to smaller financial impact
-
fewer sales delays
Details from the International Association of Privacy Professionals.
[View source.]
