AUSTIN, Texas–(BUSINESS WIRE)–Jan 31, 2019–In 2018, at least 35 states considered a total of more than 265 bills and resolutions relating to cybersecurity. 50 of these efforts became law and many companies are unprepared for this rapidly changing regulatory environment, according to a new report— The 2019 Compliance Landscape Report —from Edgile, the leading cyber risk and regulatory compliance partner to the Fortune 500.
“I’ve tracked the compliance landscape for the last 20 years and the velocity of compliance changes impacting U.S. companies has never been greater,” said David Deckter, Edgile Partner. “Many U.S. businesses will be unable to keep up and that is going to translate into costly compliance violations, many of which will come as a complete surprise for executives who haven’t tracked these changes closely.”
A big reason for the flood of changes is that state legislatures are quickly coming to terms with the security and privacy risks faced by their constituents, as well as new global rules—such as the European Union’s GDPR privacy rules—impacting U.S. businesses.
Here are four…
