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All issuesVolume 334, Issue 2IT Vendor NewsOneTrust

How OneTrust Helps Reduce Your Sensitive Data Footprint

OneTrust, Thursday, January 15th, 2026

Establish data retention and minimization policies to reduce your organization's attack surface

The value of data today is greater than ever before, with companies looking for ways to optimize its collection and utilization to provide customers with timely, personalized experiences. As data's value increases, so do the associated risks and costs. Cloud storage alone accounts for 30% of a company's overall IT budget, with one terabyte (TB) of data costing $3,351 per year on average. That's a cool $1M in storage costs alone for 300 TB of data. Apart from the rising costs of data storage, data breaches are also becoming more prevalent with the volume and variety collected by organizations today. he average damage of a data breach in 2025 sat at $4.4M.

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