Data protection is one of the single most important issues facing the tech industry today, both for consumer-facing businesses as well as those catering to enterprise customers.
How to Avoid 'Privacy Debt'
For many tech companies today, their products and business model require the collection and storage of data. At the same time, a failure to build adequate data protection technology, processes, and operations will continuously generate "privacy debt" for the business. The accumulation of this "privacy debt" can eventually turn away customers, attract regulatory penalties, and create an existential risk for the company.
By
Catherine Zhu
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