Digitalization is transforming legal and contractual relationships between businesses, individuals and governments. In today’s world, the amount and value of data is growing exponentially, and organizations are facing complex challenges in protecting it. New regulations have established more demanding obligations for companies, new rights for data subjects and sanctions in case of breach.
Data loss events and the evolution of artificial intelligence (AI) are also attracting significant media attention as concerns about data ethics, cybersecurity and data privacy are increasing among consumers, employees and the general public. Digital transformation requires general counsel to be on guard against possible regulatory penalties and reputation risk – and to do so at the rapid pace that digital enables.
The EY Digital Law team can help identify and address risk areas and meet the legal challenges in the following:
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