Cost of Noncompliance: More Than Just Fines

Why care about data privacy? 

If your answer is, “to avoid fines,” that’s definitely a good reason. But it’s not the only reason. Pursuing data privacy is also the right thing to do. It builds trust. It prevents harm. The list goes on. 

However, for most business stakeholders, avoiding fines and penalties is the first–and sometimes only–thing that comes to mind. Like we said, that’s fair; but many of the big costs of noncompliance have nothing to do with fines. Ignore those, and the result is incomplete, under-resourced, or even wholly ignored data privacy programs. 

In this webinar, Rachael Ormiston, Head of Privacy at Osano; Amy de La Lama, Chair of Global Data Privacy and Security Practice at BCLP; and Daniel Rockey, Co-Leader of Data Privacy, Telecommunications & Collection unpack the true cost of noncompliance, arming data privacy professionals and champions with the insights they need to articulate the far-reaching consequences of underthinking data privacy to their colleagues. 

In this webinar, you’ll learn: 

• Why regulatory fines are just the tip of the iceberg when it comes to the financial costs associated with noncompliance.

• How growing consumer awareness, actions from data privacy advocacy groups, and enforcement activities can impact your operations. 

• What enforcement really looks like beyond headline-grabbing fines.