5 Data Protection Trends of 2020 That Will Define Security Next Year09-Nov-2020
2020 is undoubtedly a year with many defining developments occurring in rapid succession. More than ever before, data protection was thrust into the spotlight this year. Many happenings and discussions have triggered changes in data privacy as more people are becoming aware of the topic while demanding higher standards from businesses. Here are the top data protection trends of 2020 that will influence the ever-changing privacy landscape next year.
Continued Rise in Regulations -
Unlike the previous year, 2020 has been better for data privacy legislation as the California Consumer Privacy Act (CCPA) came into full force on January 1, with many other states having similar privacy legislation in the works. While this may seem to be good news, the different state privacy laws can get too complicated for businesses and consumers, leading to an overarching federal data privacy law in 2021.
On the international scene, the European Union’s General Data Protection Regulation (GDPR) is set to become the most influential data protection legislation worldwide, with other countries making similar laws to protect their citizens’ data constitutionally. These laws will guide businesses on how they use and protect data, while the potential fines for breaking the regulations will help ensure compliance.
Increased Privacy Standards and Transparency -
In the coming year, we will see more calls for increased privacy standards, and companies will limit the amount of unnecessary data they store. Businesses that demonstrate a focus on data privacy will have higher chances of gaining public trust.
Job creation and Increase in Responsibility -
The trend of job creation will continue in the New Year with an emphasis on synergy between legal, human resources, and marketing departments. Responsibilities will also increase as organizations will seek to manage and store the wealth of data available to them.
Data Protection in the Cloud -
When cloud computing first emerged, many doubted the ability of providers to keep their infrastructure secure, but all that has changed now as more businesses are leveraging the cloud for both storage and communication. With an increased focus on data protection in 2020, we can expect to see a shift in company policy and government regulation with regards to the varying measures businesses use to protect online data stored within it.
Non-compliance with data regulations already holds dire consequences, and businesses will seek to avoid them. As new jobs are created, there will be a need to train new staff to carry out their responsibilities effectively. Even more, organizations will realize the need to train their entire workforce to reduce the risks of data breaches and ensure data privacy standards across the board. Training will seek to provide knowledge on the type of data needed for operations, how long it is to be stored, who should have access to it etc.
2020 has seen the interest of consumers spike in how companies access, store, and use their data. These data protection trends could lead to substantial changes in 2021, and businesses will have to adapt to them to survive and thrive.