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What is the importance of data compliance?

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In recent years, data compliance is the new buzzword we hear in the digital sphere and for all the right reasons. Businesses collect a huge amount of data from customers from various sources and data compliance is all about using this data responsibly and adhering to different state and local authority data compliance guidelines.  What is data compliance?  Compliance is nothing but a set of rules and regulations that you need to follow to save yourself from any legal troubles. Data compliance is nothing but a set of rules and regulations that companies need to follow to safeguard the data they receive from their customers, employees and other stakeholders. Companies must ensure various security measures to ensure that the data is safe and secure. Different countries have different data compliance rules and regulations, but generally, they cover five most important areas: Audit, Controls, Accreditation Confirmation, Regulatory and Legal Compliance.  Companies must tak