GDPR, CCPA, and similar regulations are, at their core, aimed at protecting both consumers and businesses.
However, many companies that, despite their willingness to meet the requirements, can be concerned with the vagueness of the way the rules are written. Only 50% of businesses believed that they were GDPR-compliant in 2018, and one in every five companies had a firm belief that meeting every rule is simply impossible.
Sounds like an excuse? Well, $9 billion spent on preparations and 500.000 Data Protection Officers employed beg to differ. Currently, analysts are predicting the market of GDPR compliance services growing from $1183.2 million in 2019 to $4364 million in 2025, at a steady CAGR of 24.3%.
This article will focus on why complying with these regulations is vital for businesses, and how solutions found on the Salesforce AppExchange can help.
Why the Fuss Over Compliance?
A major reason to be concerned with GDPR regulations is hefty fines. Overlooking GDPR
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