Privacy Becomes Mission Critical Cisco 2022 Data Privacy Benchmark StudyContents Introduction 3 3 Key Takeaways Methodology 4 1 Privacy Becomes Mission Critical 2 Privacy Investment and Bene?ts 3 Data Ethics and Automated Decision Making 4 Data Localization 5 10 14 16 18 20 21 22 5 Organizational Options for Privacy Recommendations Appendix About the Cybersecurity Report Series Cisco 2022 Data Privacy Benchmark Study 2Introduction Over the past few years, privacy has become mission critical for organizations around the world. More than two-thirds of countries have enacted privacy laws, customers are not buying from organizations who don’t protect their data, and privacy metrics are regularly being reported to Boards of Directors. In addition, privacy skills are becoming more important, especially among security professionals, and organizations are bene?tting ?nancially from their investments in privacy. This report, our ?fth annual review of key privacy issues for organizations, examines privacy’s impact on business around the world. Key Takeaways From the Report Include: 1. Privacy has become essential to organizations’ culture and business prac