Data Privacy Regulation: Moving Beyond Compliance
Complying with data privacy regulation can be challenging, but it can also serve as a call to improve customer interactions and business processes.
Laws such as the EU’s General Data Protection Regulation and the California Consumer Privacy Act had begun changing the privacy landscape, and then COVID-19 struck, leading to further reevaluation. Given the change in privacy standards, digitally-focused organizations should develop a risk-based privacy policy that makes compliance with security and data privacy regulation a foundation rather than a target.
Key takeaways from this special report include the following:
- Compliance with security and privacy regulations can serve as an opportunity to revisit customer interactions and business priorities.
- Breaching privacy standards is becoming increasingly expensive, especially for prominent technology companies.
- Some organizations are attempting to make privacy a point of competitive differentiation in the marketplace, but experts are divided on the extent that goal is possible.
Tags: Security Special Reports
