The importance of data privacy regulatory compliance Alok Bishnoi and Madan Mohan Filed on March 1, 2021 With the rapid pace of technology unleashing ever new threats, companies are increasingly more vulnerable to data theft and misuse Convenience right now In this age of instant gratification, we as individuals prioritise convenience over security. We share our information all too easily and underestimate the extent to which it can be misused by others. Data protection and privacy is a fundamental issue for both individuals and societies. As businesses, there are two aspects involved. The first and rather obvious one is data security for an organisation. In today's world, its very existence could depend on it. The second is the role of businesses as third party users of personal data, whether directly or indirectly. So businesses need to both protect their own data assets and resources and also ensure due compliance with laws that regulate their legal limits over others' data.