Two growing trends are set to contribute to an increased demand for data inspection over the next 10 years: the emerging ability of new techniques to identify data that was used to train a machine learning system and the aforementioned increase in data-related regulation. (Photo: DIgilife/Adobe Stock) Two growing trends are set to contribute to an increased demand for data inspection over the next 10 years: the emerging ability of new techniques to identify data that was used to train a machine learning system and the aforementioned increase in data-related regulation. (Photo: DIgilife/Adobe Stock)

We are still in the early years of the formation of data governance strategies and legislation. However, proprietary company data is now subject to inspection and audit by standards bodies depending on the jurisdiction — especially in the European Union.

It is important to note that organizations providing insurance services are in the risk envelope. After all, they process a great deal of customer data.

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