Gartner surveyed 98 senior executives across industries and geographies and found that “accelerating privacy regulation” had overtaken “talent shortages” as the top emerging risk in the Q1 2019 Emerging Risk Monitor survey.
Concerns around privacy regulations were consistently spread across the globe, denoting the increasingly numerous and geographically specific regulations that companies must now comply with.
Sixty-four percent of respondents indicated that accelerating privacy regulation was a key risk facing their organizations. The data showed a particularly elevated concern among executives from the banking, financial services, technology and telecommunications, and food, beverage and consumer goods sectors, with at least 70 percent of executives in each sector indicating it as a top risk.
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