During the second quarter (Q2) of 2022, Cytrio researched 1,525 companies, bringing the total number of U.S. mid- to large-size companies with revenues from $25 million to more than $5 billion researched to 8,270 since Q3 2021. 

While GDPR and the CCPA are often cited as benchmarks, local nuances exist. They are also not global standards. Hidden between the legal lines are also many gray areas that current amendments or new regulations have yet to address. 

Since going into effect in May 2018, GDPR has been actively enforced with 1,027 fines levied for noncompliance as of March, totaling $1.8 billion to date. 

By being proactive and working with the right partners, companies can better position themselves for future challenges that await around securing, collecting, and storing data.