Data Privacy Overview.
In today's digital age, organizations are dealing with an ever-increasing amount of sensitive data belonging to their customers. However, managing and securing this data is becoming increasingly difficult, with data residing in silos.
Customers are becoming increasingly aware of the risks associated with sharing their personal data and are therefore more cautious about the companies they entrust their information to.
Building a brand that customers trust with their personal data can lead to increased customer loyalty, better customer experiences, and ultimately, higher revenue.
Data privacy laws such as GDPR, CCPA, HIPAA, GLBA, and PCI DSS have been introduced worldwide to give individuals control over their data and hold organizations accountable to ensure personal data is processed ethically and legally.
Complying with data privacy laws goes a long way in building trust with customers.
