BetaNews: Companies invest more to deal with data privacy rules

Privacy and data protection laws around the world increasingly grant individuals the right to access and control their data, but businesses are lagging behind in their ability to deal with these requests.

A new study from data discovery and intelligence company BigID, in partnership with the International Association of Privacy Professionals (IAPP), shows that more than half of respondents plan to invest more in data discovery.

Other areas of planned investment include consent and preferences management capabilities and enhanced consumer privacy portals. Companies in the US plan to invest in data rights management resources more than those located in the rest of the world, which may reflect the recent adoption of the California Consumer Privacy Act (CCPA).