It has now become commonplace for Chief Legal Officers (CLOs) to juggle myriad responsibilities. While this reflects heightened organizational awareness regarding risk, it also thrusts CLOs into unfamiliar territory. With data security increasingly assuming critical importance, the absence of robust data management strategies in nearly half of organizations exacerbates this dilemma.
Despite efforts by many CLOs to implement tactics to stay on top of compliance obligations, a surprising fraction of CLOs have done nothing to prepare for these requirements with respect to data security. Compounded by ever-changing and overly complex regulatory obligations, CLOs are becoming less confident in their ability to combat emerging data threats.
To bolster their efficacy, we offer ten actionable strategies empowering CLOs to lead with confidence in navigating corporate data security challenges, supported by key ACC legal resources.
All data cited in this report is sourced from the 2024 Chief Legal Officers Survey.