A recent report by cybersecurity organisation ISACA highlights that many companies still need help understanding their privacy obligations and struggle to comply with relevant new laws, allocate sufficient budget and fill skills gaps. The 2024 Privacy in Practice Report surveyed over 1,300 global privacy professionals to gather insights on privacy staffing, organisational structure, policies, budgets, training, data breaches, and priorities. The report contains several key themes, including that privacy teams are understaffed and technical skills are in high demand. Additionally, practicing privacy by design requires top-down initiative and training and awareness are vital for successful privacy programmes. The report also predicts that by 2024, privacy professionals will likely have to expand their roles to include responsible AI management, requiring the building of sustainable AI governance programs and extending safeguards for AI use cases.
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