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Introduction to Data Privacy

Transcript: Why is data privacy important? There are many reasons, but one that is of central importance to you is trust. It takes significant effort to build trust with customers, employees, partners, and other stakeholders. However, even one data breach can break that hard-earned trust. This is why you should pay close attention to the privacy rights of everyone in your business. However, privacy is a difficult concept to define. We can talk about different spaces where privacy is important such as in the home, with family, in one’s correspondence, and even protecting honour and reputation. Privacy in these settings includes data privacy. If privacy represents the spaces in our lives where we should be protected against prying eyes, from a data privacy perspective, privacy protections shield against improper or unwanted control of our data by others. Those protections can take many forms, from national and international data governance legislation that attempts to protect fundamental rights, to smaller protections such as prompts for consent to cookies on websites. Both the macro and micro data protection measures are important. It is your responsibility to abide by data privacy law and take steps within your business to protect stakeholder data privacy rights.