It’s finally spring—a time for enjoying the warm weather, spring cleaning and…worrying about missteps in a corporation’s data collection policies? Per the Association of Corporate Counsel’s annual survey, cybersecurity regulation and compliance, and data privacy remain the top three issues ranked by chief legal officers as the most critical aspects to the overall business.
And in-house counsel is indeed facing a growing to-do list when it comes to addressing the rapidly changing legal and regulatory environment around the intersection of data and privacy. Lack of legal compliance with data privacy regulations can clearly be detrimental to an organization, yet several chief legal officers have reported a lack of a comprehensive strategy for managing their organizational data.
