Data security and data compliance are integral to business in 2023. And they're both major industries globally.
According to Data Bridge Market Research, the global data compliance industry is projected to be worth $13.65 billion USD by 2030. And according to Fortune Business Insights, the global data security industry is projected to be worth $424.97 billion USD by 2030.
Knowing how data security and data compliance differ is the first step towards making sure you have the right practices and policies in place.
Data security generally refers to the people, systems, and practices that protect the confidentiality, integrity, and availability of systems and data. System security is improved by clearly understanding security (and privacy) goals, and acting consistently and diligently to achieve them.
Good security practices:
Compliance generally refers to the practices involved in abiding by all standards, regulations, and laws that pertain to a given jurisdiction. Compliance requires a keen awareness of which standards, regulations, and laws exist and which ones are relevant to your business. Compliance also requires that you're constantly watching for changes and updates.
Good compliance practices:
In addition to the security and compliance best practices listed above, you can always speak with our team about how our ORIGIN platform can help you maintain your data security and keep track of your compliance.