Future of Legal And Compliance Summit & Awards 2023

At the Legal and Compliance Summit & Awards 2023, Krishanand Bhat, Director, Technology Risk Advisory, Nexdigm, spoke at length about mitigating risks of data breaches, privacy, and cyber threats. While presenting, he stated the reasons for the data breach along with the response measures and strategies organizations can incorporate into their systems to prevent it. He also provided an overview of the cyber threat landscape of India and the world. Krish delved into the financial implications, challenges, and unfavorable outcomes like customer churn, reputation damage, business downtime, and more caused by data breaches during the session.

His concluding remarks on the topic focused on how data has become the backbone of business functions and operations. Therefore, ensuring data security is paramount, particularly in an ever-evolving digital landscape.