Intelligent CIO North America Issue 19 | Page 45

CIO OPINION
Amazon or Google to store and send data . The question is , where does that German company ’ s data legally reside , and by what rules is it governed ?
The answers to these questions are complex and unclear . Global experts of IT , legal and HR are discussing passionately how to interpret our constantly evolving reality of data processing . That ’ s why 86 % of IT decision-makers say their organizations have been impacted by changing compliance requirements for data privacy , according to a global survey conducted by Dimensional Research .
3 : Global supply-chain issues will continue to be a data-protection issue .
Supply-chain issues are creating significant disruption to the global economy , with everything from cars and refrigerators to semiconductors and toys in short supply . And those issues look likely to continue well into 2022 . In fact , in a new survey of CFOs compiled by Duke University ’ s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta , a majority of the CFOs expect the issues will not be fixed until the second half of 2022 or later .
Companies no longer have a single data lake at their corporate headquarters that IT can focus on protecting . These days , much of their data resides in the cloud , which means they have a globally distributed data infrastructure . They must keep track of sovereignty issues in different jurisdictions , and to do this , they will need help . Cloud providers will have to work more closely with their customers to manage sovereignty and compliance with varying rules .
In the year ahead , the onus will be on both businesses and public cloud providers to improve compliance and data sovereignty issues by better understanding what is in the petabytes of data they ’ re storing and the regulations around every element of that data . Businesses can no longer be satisfied by simply backing up data . They will have to get smart about their data content and put policies in place around that content .
Logistics issues and digital risks such as cyberattacks will cause further disruptions to the global supply chain in the coming year . In 2021 , the Colonial Pipeline ransomware attack took down the largest fuel pipeline in the US and temporarily caused fuel shortages up and down the East Coast .
The supply chain will remain a top priority for organizations in 2022 . That means they will need to be actively armed with data protection solutions to restore
Your attack surface is continually growing as more people work remotely on multiple devices .
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