X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Data Privacy

Companies are fast realizing that a sound privacy compliance posture can not only help their bottom line and bolster their legal department’s stature as a central business unit, but also, at the very least, net them some new tools.

On Wednesday, privacy company Ethyca released a survey indicating that 74% of companies have plans to spend more on privacy in the coming year. The report drew responses from 100 C-level executives or decision-makers from companies located across a wide spectrum of industries and generally suggests that companies are talking privacy more seriously.

However, it also quotes the results of another recent Ethyca survey showing that 56% of over 200 general counsel respondents felt their company was unprepared for the number of privacy regulations emerging across the globe. But Cillian Kieran, founder of Ethyca, argued the influence of legal department GCs has ”unquestionably” grown since the early days of the General Data Protection Regulation and the more recent California Consumer Privacy Act.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Frank Ready

Frank Ready is a reporter on the tech desk at ALM Media. He can be reached at [email protected]

More from this author

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

Corporate Privileges and Confidential InformationBook

Corporate Privileges and Confidential Information is designed to assist inside and outside counsel in negotiating obstacles to maintaining corporate secrecy.

Get More Information
 

Legalweek Leaders in Tech Awards 2021Event

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.