

The FBI reported a 300 percent increase in reported cybercrimes in 2020. Cybercriminals are evidently sharpening and increasing their attacks on businesses - but in addition to threats from cybercriminals, new regulations are now threatening to add significant penalties pressure to ensure data privacy is a business priority.
It sent a warning shot to businesses worldwide when EU enacted the General Data Protection Regulation (GDPR): the price for failing to respect customer data will be high. And the California Consumer Privacy Act (CCPA) has followed as the most comprehensive data regulation in the US.
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