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/PRNewswire/ Global Market Insights Inc. has recently added a new report on the data annotation tools market which estimates the market valuation for data.
Who’s funding privacy tech?
Privacy isn’t dead, as many would have you believe. New regulations, stricter cross-border data transfer rules and increasing calls for data sovereignty have helped the privacy startup space grow thanks to an uptick in investor support.
This is how we got here, and where investors are spending.
The rise of privacy tech
With strict privacy laws such as GDPR and CCPA already listing big-ticket penalties and a growing number of countries following suit businesses have little option but to comply. It’s not just bigger, established businesses offering privacy and compliance tech; brand-new startups are filling in the gaps in this emerging and growing space.
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In order to comply with the Brazilian Data Protection
Authority s (ANPD) regulatory schedule, which establishes
that communication about data protection security incidents from
the controller to the ANPD will be regulated by the end of the
first semester of 2021, the ANPD published guidance on February 23,
2021.
Firstly, it is important to mention that this guidance is not
mandatory, considering that this topic is in a public consultation
process, therefore it is possible that ANPD will make future
changes.
What should be considered as a security