The Terry Group’s Post

2023 was a big year for data privacy 🚀 We saw new laws, new AI technology, and more consumers expressing concerns about the safety of their personal data online 🛡️ So we’ve updated our list of shocking data privacy stats that business owners must see to get ready for 2024. Did you know? 🌐 More than 120 countries have already created some form of data privacy law 🇺🇸 The majority of American consumers are concerned about their privacy online. 🤖 Half of all consumers want companies to be transparent about their use of AI technology. Find these stats and more here: https://hubs.ly/Q02sQwGk0

Microsoft expands Priva suite to tackle evolving privacy landscape: Microsoft unveils major expansion of Priva privacy suite with 5 new AI-powered products for automated data privacy compliance, tackling challenges like consent management and risk assessment in the AI era.

𝗘𝗺𝗯𝗿𝗮𝗰𝗲 𝗔𝗜 𝘁𝗼 𝗚𝗮𝗶𝗻 𝗩𝗶𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝗶𝗻𝘁𝗼 𝗗𝗮𝗿𝗸 𝗖𝗼𝗿𝗻𝗲𝗿𝘀 𝗼𝗳 𝘆𝗼𝘂𝗿 𝗗𝗮𝘁𝗮 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 Recent changes in data privacy compliance and complexities of privacy management is urging organizations to understand the health of their data in real-time and potential risks. Data privacy observability is a concept that focuses on using the right tools to monitor, analyze, and understand where sensitive data is stored and how it flows within an organization’s ecosystem. In this blog we have covered how 𝗦𝗲𝗰𝘂𝘃𝘆’𝘀 𝗱𝗮𝘁𝗮 𝗽𝗿𝗶𝘃𝗮𝗰𝘆 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺 offer organizations 360⁰ visibility of their sensitive data through advanced unsupervised machine learning AI models that can continuously scan any data source and any data type. Read the blog to learn about our platform’s data observability capabilities: https://lnkd.in/gQdvWEN4 #PrivacyObservability #PrivacyCompliance #DataPrivacyPlatform

Privacy right now could be best described as a plate of broccoli and carrots: dreary, unappealing gobbledygook that lawyers and compliance wonks serve up. Maybe you scarf it down because you know you should, but nobody enjoys it. It doesn’t have to be this way. Companies that make privacy more appetizing can uplift their brands, transform their engagement with consumers, and responsibly mobilize data to compete effectively in an AI-first economy. (Don’t feel obliged to take my word for it – I’ll link the research in the comments.) Every super{set} company seeks to streamline or simplify a problem we've faced as serial entrepreneurs, and Ketch is no different. When we formed Ketch, we drew on our own experiences as martech and data management geeks with the premise that data privacy is, at its core, a data management problem. Ketch is more than just a product aimed at checking the confusing compliance boxes resulting from a patchwork of state and international laws (although we certainly do that too!). It's a data management solution for privacy. It's time for privacy to get a makeover, following the same pattern B2C companies used to make their web content, commerce, community, and ads 100x cooler during the last 15 years. With the launch of Privacy Experiences, we're giving consumer-facing brands the power to make privacy personal, cool, and compelling for every person, across every screen, and with every experience. In other words, we’re taking broccoli and carrots and turning them into meat, potatoes, and a hearty side of mac 'n cheese. Even better, Ketch Privacy Experiences is a clicks-not-code solution mere mortals can quickly deploy and manage. No need to hire a busload of developers to join you on an 18-month implementation death march or call your IT colleagues every time a new privacy regulation in a new state goes online. This work couldn’t come at a more important time. Consumers are awakening to the ways companies have played fast and loose with their privacy. They’re sick of it. And they’ve signaled their intention to reward companies that do better – and penalize companies that refuse to. When the privacy demons go bump in the night, don't worry. We got you.

🛡️ New State Privacy Laws in the US 🛡️ Several new state consumer privacy laws are set to take effect in 2024, including those in Florida, Oregon, Montana, and Texas. These laws introduce stringent requirements for data controllers and processors, emphasizing the protection of personal information and granting consumers greater control over their data. Key provisions include: 🇺🇸 Oregon Consumer Privacy Act: Effective July 1, 2024, it requires businesses to obtain explicit consent before processing sensitive data and grants consumers rights to access, correct, delete, and port their personal data. 🇺🇸 Texas Data Privacy and Security Act: Effective July 1, 2024, it mandates opt-in consent for the sale of sensitive personal information and applies to a broad range of businesses operating in Texas. 🇺🇸 Montana Consumer Data Privacy Act: Effective October 1, 2024, it includes robust consumer rights and imposes new obligations on data controllers regarding the processing of personal information. These laws reflect a growing trend toward more comprehensive data privacy protections at the state level, responding to the evolving digital landscape and increasing consumer demand for privacy. 💡 Challenges and Opportunities 💡 While these regulations present challenges, they also offer opportunities for businesses to build trust with their customers by prioritizing data privacy, compliance and security. Adopting best practices in data management and ensuring transparency in data processing can set companies apart in a competitive market. 🚀 How Tillion.ai Can Help 🚀 Tillion isn’t just an AI agent, it's an entire team. Imagine having a privacy expert that reviews your data policies and agreements to understand how data can be used, and a privacy engineer that continuously monitors your codebase to detect and prevent data misuse. That’s Tillion AI.

Privacy regulations are tightening worldwide, the average organization’s attack surface is expanding, and rapid advancements in AI are changing the way data is consumed and shared. In this environment, an organization’s data privacy strategy can be a preeminent differentiator that strengthens its security posture and sets it apart from the competition. As data protection becomes ever more vital to business security and success, organizations must count data privacy principles, regulations, and risk mitigation among their top priorities. Learn more from this article and please contact me if you want more information. #Data #DataPrivacy #AI

Great Insights from 2024 Cisco Privacy Benchmark Global Study: Key findings: 1. 94% of organizations believe customers wouldn't buy from them without proper data protection. 2. 80% of organizations globally support privacy laws and see positive impacts from legislation. 3. Privacy investments offer a 1.6x return, with 95% stating benefits exceed costs. 4. Confidence in AI's ability to reassure customers is lacking; 91% of organizations feel they need to do more. 5. While generative AI is valuable, concerns arise about intellectual property and data sharing. 6. Organizations trust global providers more than local ones to safeguard their data due to scale advantages. Thanks Robert Waitman & Harvey Jang

What Should Businesses Expect from Privacy in 2025? As 2025 approaches, privacy has become a strategic priority, reshaping how businesses operate and compete. With evolving regulations, heightened consumer expectations, and transformative technologies, privacy is no longer just a compliance issue—it’s a cornerstone of trust and innovation. Here are the top privacy trends every business leader needs to know to stay ahead: 🌍 Global Privacy Regulations Are Expanding New privacy laws are emerging around the world, from India’s Digital Personal Data Protection Act to frameworks across Latin America and Africa. Businesses must prepare for stricter rules on cross-border data transfers and localized data processing. Staying compliant is no longer optional—it’s a must to thrive globally. 🤖 AI and Privacy: The Perfect Storm AI is transforming industries, but it’s also drawing attention from regulators. By 2025, expect tighter rules around how AI systems handle personal data. Businesses will need to design AI systems with privacy at the core—or risk falling behind. 🔐 Privacy Tech Is a Game-Changer Managing privacy is complex, but technology is stepping up to the plate. Automated compliance tools, consent management platforms, and AI-powered privacy solutions will dominate the landscape, helping businesses scale privacy efforts effectively. 💡 Consumer Trust Drives Business Growth Privacy isn’t just a legal obligation—it’s a way to build trust. Customers expect transparency and control over their data. Companies that invest in user-friendly consent tools and clear privacy practices will win customer loyalty in the long run. 🏢 Privacy Is Now a Boardroom Priority In 2025, privacy will be firmly on the C-suite agenda. Regulators are focusing on leadership accountability, and companies with proactive, privacy-focused leadership will gain a competitive edge. 🚀 The Opportunity Ahead Privacy is more than a challenge—it’s a business opportunity. Companies that embrace privacy-first innovation will not only comply with regulations but also foster customer trust, strengthen their brand, and drive growth. Are you ready for the future of privacy? Let’s connect and discuss how your business can lead in 2025!Your Privacy Expert,Big Cyber Group,Privacy Space,EU Business,EuBusinessMarketing

Many people, including those who have done #AIGP certification, have been advocating for the usage of differential #privacy as an important component in privacy-preserving #data analysis, especially when used intentionally in a broader context where other technologies are available. And then, I have met #datascience experts who aren't purists and do not agree that this is a solid technique to preserve privacy, mainly because it is a trade-off between privacy and utility. Differential privacy adds noise to data to protect the privacy of individuals. Still, this noise can also reduce the utility of the data, making it less accurate or useful for certain types of analysis. Recently, an X user posted how #anthropic injects texts into prompts to avoid #copyright infringement - whether it does or not, remains debatable. It also remains unclear if use of Differential Privacy could be a solid #legal defense in #dataprivacy related cases. But for now, it is an interesting piece of tech that #privacylawyers and #AI #law experts must know about. https://lnkd.in/ddQr4Rm3

We know managing privacy is harder than ever. The increasing complexity of regulatory requirements and constantly changing regulations make day-to-day privacy management a challenge. Manual, inefficient processes and inflexible tools can make it difficult for organizations to know where data is located and how it’s being used. The Microsoft Priva product portfolio helps organizations meet […] https://lnkd.in/djJ3TX4k www.Cyprus-CEO.com #CEO #business #management #marketing #tech #AI #legal #money