Sensitive data management trends for 2024
Private Content Exposure Risk Forecast 2024
What’s in this report from Kiteworks:
Managing data privacy and compliance continues to grow in complexity, as cybercriminals evolve their strategies and ramp up their malicious attacks. Data privacy regulations are evolving, and organizations are picking up the pace at which they track and control access to content, generate audit log reports and demonstrate compliance with a barrage of new regulatory requirements.
Navigating the intricate landscape of regulatory compliance and data privacy is a daily challenge for risk compliance officers, and communication platform Kiteworks’ new report offers insights into the evolving dynamics of sensitive data management, directly impacting compliance officers’ responsibilities.
Kiteworks’ predicted trends include:
- Increased use of generative AI large learning models: The compelling advantages of this type of AI are too strong to ignore, and employees will expand the threat surface by posting company data into GenAI tools, putting M&A communications, financial documents and other information at risk – and as a result, data breaches arising from GenAI misuse will rise.
- New regulations and standards: As the risk profile increases, regulatory agencies are already moving to create more regulations and standards. In the area of AI, the White House has asked federal agencies to act over the next year, and we will see new federal and state legislation in 2024, as well as more regulation in the EU, including the AI Act, which will take effect through 2026.