“As AI reshapes how data is collected, analyzed, and used, the stakes for protecting personal information have never been higher. According to publicly available sources, in 2025, the global average cost of a data breach was estimated at $4.4–$4.9 million, with cybercrime losses projected to reach trillions annually proof that cyber incidents can devastate finances, reputations, and trust.
People are paying attention. According to Aon’s Global Risk Management Survey, while “Cyber Attacks/Data Breach” remains the top risk for Indian businesses, “Data Privacy Requirements/Non-Compliance” has emerged as a top concern reflecting the growing influence of global and local regulatory frameworks.
This Data Privacy Day, the message is clear: privacy is no longer just about compliance, it’s about trust. Businesses must treat personal data with care by limiting what they collect, safeguarding what they hold, and being transparent about how AI and data drive their service. This can be supported by controls like encryption, access management, data loss prevention, and continuous monitoring. By combining these measures with cyber insurance and incident response, organizations can reduce the impact of potential breaches.”
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