The reality of cybersecurity and data privacy threats and regulations proved a sobering one for many companies in 2019.

  • The cost of data privacy began to hit home in January, with French regulators imposing a record fine for General Data Protection Regulation (GDPR) violations, and with subsequent global data privacy fines increasing in amount and frequency throughout the year.
  • As the year progressed, regulators did not relent, presenting a flurry of comprehensive and demanding data privacy and cybersecurity regulations, including for the California Consumer Protection Act (CCPA).
  • The year also saw companies and governments alike confronting escalating cybersecurity threats, especially as geopolitical tensions continued to rise.