[SWMS contributor Rachel Odenweller writes:] Historically, few of us have thought much about data privacy, either from a personal perspective or the perspective of clients. But in 2020 privacy came into focus with several data breaches, fears of government surveillance and the continuing saga of Big Tech regulation challenges.
[SWMS contributor Rachel Odenweller writes:] As logic would suggest, the more we rely on data, the more at risk we are for cyber attacks. In addition to the myriad struggles 2020 presented us with, it was also the most active year for cybercrime. Reports suggest that cybercrime rates during COVID-19 -- from ransomware to phishing -- have spiked at rates between 40 and 400 percent.
[SWMS contributor Rachel Odenweller writes:] Over the past five or so years, we’ve been seeing more tech companies in the congressional hot seat as the attention on the ethics of their business practices grows, both in terms of data privacy and market activities.