In today's world, data is the new basis of competitive advantage – and businesses are paying close attention to how they use their data, especially highly-regulated customer information. While the goal is to extract insights and knowledge for better decision making, organizations must also ensure they are abiding by the legal and data privacy requirements. This process can be time-intensive for legal professionals, who must stay on top of ever-changing laws, often across multiple global jurisdictions. And there is a lot at stake, with noncompliance resulting in increasingly higher fines and substantial risk to a business' reputation. In the US alone, there are more than 70 government authorities with a legal point of view on data privacy, from states and state agencies, to congress and federal agencies, including the US Attorney General, Department of Justice and the Securities and Exchange Commission.