Summary
Homomorphic encryption and other techniques like secure multiparty computing now promise a state of continuous encryption and protection for data while it is in use. Automated privacy program management software now partially or fully automates tasks such as data gathering, risk identification and scoring, and data subject access requests, intake, and fulfillment. Data and analytics practitioners can use deidentification techniques and technologies when working with personally identifiable information (PII) to preserve the privacy of the data subjects. New technologies for identity verification will create four new pillars that every firm will consider must-haves. Firms will need to invest heavily in blockchain-based solutions to prevent catastrophic sabotage of their business processes. Soon, tools will provide a CISO dashboard that takes risk into account while suggesting proper spending levels based on threat actors, asset value, and system criticality. Employees are increasingly demanding more advanced physical security technologies to better protect and notify them in the case of security incidents.
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