The digital and regulatory landscape continues to evolve. Businesses rely on data analytics to make data-driven decisions that grow revenue. Across all industry verticals, companies rely on customer data, meaning they collect more sensitive information than ever.
This reliance on data creates a set of security, privacy, and ethical concerns. In the face of data breach upon data breach, consumers include an organization’s data privacy policies when making buying decisions. At the business-to-business level, customers need to protect themselves from the barrage of supply chain attacks.
Creating ethical business practices that focus on data privacy enables organizations to use data responsibly, grow revenue, build customer trust, and meet data protection compliance requirements.