Privacy Professionals Are Becoming Data Governance Experts With Higher Pay, IAPP Says
The privacy profession "is undergoing significant transformation" driven by the development of AI, IAPP reported Tuesday in a study on salaries.
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Instead of data protection officers or chief information security officers, companies are increasingly looking for data governance experts, and their salaries are rising as their responsibilities increase, IAPP said. Staff with digital governance responsibilities earn 16% more than those without, it said.
About 68% said they had acquired additional responsibility for AI governance; 60% reported more responsibilities around data governance; 40% said they had additional cybersecurity responsibilities; and 37% reported more work on data ethics.
There is now more corporate buy-in for spending on digital governance professionals, IAPP Director of Research and Insights Joe Jones emailed us. Organizations see digital governance as the "augmented and even aligned whole of multiple domains (e.g., privacy, AI, cyber, content moderation) rather than siloed functions and programs."
The survey's sample size of 1,600 respondents worldwide is the largest yet for IAPP and the largest in the market, Jones said. While it's likely to skew toward organizations that are aware of the need for and importance of digital governance, these are also businesses with downstream, market and norm-setting power, such as large multinationals and governments, he added.