We are almost halfway through with our journey to the smart, and highly connected world where data is the trust
Data transparency in various entities like Manufacturing, Public Sector, Banking, and many others is helping to shape the digitalized world. In the process of connecting the dots between the present and future smarter world, data transparency should be achieved with data protection.
The number of globally connected IOT devices has increased more than tenfold since 2010 and is expected to grow even steeper. The banking and financial sector offers online and digital services integrating digital systems, customer experience platforms, apps, and infrastructure. Digitizing public services is reducing time for administrative processes for its people. The new era of smart devices, systems, and processes is also making a way in other industries. This all is resulting in a tremendous increase in the amount of data that is shared every second.
Projects and initiatives like the EU Data Act aim to bring the balance between data transparency and data protection, encouraging digital transformation to benefit the whole society.
These trends however require new or updated compliance and data privacy regulations. Follow UTIMACO’s cyber security expert through the jungle of current and upcoming compliance regulations to learn how to secure digital society.