India, Aug. 6 -- Data privacy, once primarily a concern for finance and healthcare, is rapidly becoming a priority for nearly all types of organizations, particularly those that collect personal information for marketing analysis.

Today's collection of piecemeal and rapidly changing privacy mandates makes planning for future requirements much like aiming at a moving target. Yet a growing number of businesses are gradually coming to the realization that failing to anticipate the demands of future privacy legislation may leave them vulnerable to future lawsuits and significant financial losses.

There's currently no comprehensive law governing the collection, use sale, or other disclosure of personal information across the United States, n...