In today’s rapidly advancing digital landscape, technology and artificial intelligence (AI) are transforming the way businesses operate. But with these advancements come new challenges—especially in the realm of cyber and data security. Hackers and cybercriminals are evolving just as fast, and contrary to what many may think, they don’t discriminate based on the size of your business or the industry in which you operate. Whether you’re a small startup or a large corporation, you’re a potential target for a cyberattack.
Data privacy security is the expected baseline that consumers assume when providing their personal information to businesses and organizations. However, most consumers have no way to verify if that security promise is truly being met. With the rise of data security breaches—such as ransomware attacks and social engineering schemes—data privacy regulations have grown in number and scope to set compliance standards for any operation collecting and storing data. These regulations have not only expanded the responsibilities of companies, but they’ve also given the legal industry new avenues for class action lawsuits.
October marks Cyber Security Awareness Month, a reminder that staying secure in the digital world requires constant vigilance. It’s not just about protecting data—it’s about safeguarding your entire business. Despite the lack of a comprehensive federal privacy law that applies nationwide, recent years have seen an increasing number of state-specific privacy regulations, which now include all 50 states as well as Puerto Rico, Guam, the Virgin Islands, and the District of Columbia. These laws place stringent requirements on businesses, and understanding the impact they have on your organization is crucial—even if you haven’t yet implemented a formal data retention program.
With the growing volume of data involved in the day-to-day operations of your business, having an expert who can create the roadmap for effective data management is critical to gaining control and limiting your data exposure. Let MJ help you evaluate your overall cybersecurity baselines and assist with identifying key solution providers to protect your overall data management. Contact us to get started and watch our on-demand webinar on data privacy requirements to ensure your business is prepared to tackle any cyber crisis head-on.