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For example, an insurance company with a property and casualty legal entity in North America and a life entity in Germany may need to implement DPPM separately within each entity. These data products may be widely used across business functions to support reporting and analytics, and—to a lesser extent—operational processes.
This is the primary mechanism that regulations like the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA) use to punish businesses for failure to uphold adequate security and data privacy standards. NIS 2 and DORA are quite new.
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