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Corporate Data
Privacy Today:

A Look at the Current State of Readiness, Perception and Compliance

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FTI Consulting recently conducted a survey of more than 500 data privacy leaders of large, U.S.-based companies. The results illustrate the state of data privacy in today’s corporations, giving insight into the programs, perceptions, and strategies at play.

Key themes came to light in the responses that provide legal, compliance, IT and privacy teams with ways to benchmark their own initiatives against their peers, including:

  • In the coming year, 97% of organizations will increase their spend on data privacy, with an average increase of 50%.
  • Potential losses from a data-privacy crisis event were calculated at $79 million.
  • Nearly 60% of respondents agreed with the statement: “We don't have the resources in our organization to ensure that we are fully compliant with data privacy regulation."
FTI Consulting

FTI Technology solves data-related business challenges, with expertise in legal and regulatory matters. As data grows in size and complexity, we help organizations better govern, secure, find, analyze and rapidly make sense of information. Innovative technology, expert services and tenacious problem-solving provide our global clients with defensible and repeatable solutions. Organizations rely on us to root out fraud, maintain regulatory compliance, reduce legal and IT costs, protect sensitive materials, quickly find facts and harness organizational data to create business value. For more information, please visit www.ftitechnology.com.