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It also introduces new concepts, including the requirement for notifying the regulator of any cross-border personal data transfers (both before and after the transfer). The new law goes further by introducing criminal sanctions for personal databreaches.
Spending in Big Data for example, which could lead to better governance and better decisions, is increasing around the world, in 2020 alone Big Data spending grew by 40% across federal agencies in the United States. Cloud adoption, essential for convenient services and efficient collaboration, is widespread and growing fast.
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