Why is Data Privacy an Immediate Enterprise Priority?
In the past ten years, the rise of privacy-conscious consumers and emerging data regulations have compelled enterprises to prioritize their data management programs. Read more to learn how data privacy has become an enterprise priority. Introduction Amazon’s sub-par data management story about its retail platform, if anything, is a cautionary tale . The lapses in understanding how and where data is stored have severely affected how information is managed and secured. In turn, it caused security shortfalls and unnecessary privileged access that rogue employees and sellers had exploited. Privacy and Security Programs Are Not Just Cost Centers The opinionated notion of thinking of data security and privacy programs as cost centers have to be questioned and rethought. While such programs do not seemingly contribute to the profits generated by an enterprise, the adverse effects on the topline when such programs fail are visible in too many examples, mostly in terms of lost consumer l...