Data Privacy and Governance Navigating Compliance Challenges in 2024.pdf

This presentation explores the evolving landscape of data privacy and governance, focusing on the challenges and strategies organizations face in achieving compliance in 2024. Delve into key regulations such as GDPR, CCPA (California Consumer Privacy Act), and emerging global standards. Understand the importance of data governance frameworks, risk management strategies, and technology solutions in safeguarding data and meeting regulatory requirements. Gain insights into best practices for maintaining transparency, accountability, and trust in an increasingly data-driven world.

1. Navigating 2024: Data Privacy and
Governance in the Digital Age

2. THE INTERPLAY OF DATA PRIVACY AND GOVERNANCE
Data Privacy:
Protects individual rights and identities.
Builds trust between individuals and organizations.
Data Governance:
Establishes frameworks for ethical data management.
Ensures compliance and data security.
Integration:
Strong governance upholds privacy rights.
Creates a foundation for trust and compliance.

3. CHALLENGES IN DATA PRIVACY IMPLEMENTATION
Lack of SOPs
Inconsistent data handling.
Insufficient Training
Outdated privacy practices.
Manual Processes
Vulnerabilities due to lack of automation.

4. STRATEGIES TO OVERCOME CHALLENGES
Sensitive Data Identification
Use ML and algorithms for data classification.
Centralized Access Control
Efficiently manage access across services.
Regular Audits
Ensure compliance with evolving regulations.
Data Encryption
Protect data at all levels.
Integration into Business Processes
Embed governance into workflows.

5. LEGAL LANDSCAPE AND EMERGING REGULATIONS
Existing Regulations
GDPR and CCPA.
Emerging Regulations
CPRA, PDPB, DSA, and DMA.
Importance
Stay updated and compliant.

6. Prioritize data privacy and governance to build trust, ensure
compliance, and foster innovation. Learn how to implement
effective strategies that protect your organization and enhance
stakeholder trust.