Friday, April 19, 2024

How Firms Can Forestall Personal Data Breaches

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By victor Kabata

For a long time, the right to privacy had been relegated to the periphery by being subsumed with other human rights.

However, in the recent past, the advent of digital technologies has thrust the aspect of privacy into prominence. In particular, many public and private companies have adopted new technologies and systems aimed at cutting costs and enhancing the efficiency of their operations.

Notably, these systems are configured to harvest huge amounts of personal data from their users thus putting customer’s privacy into focus.

While collecting customers’ personal data is useful in enabling companies to authenticate their identity, it also poses a risk. In the absence of a robust data protection regime, this data can be misused, by for instance, being sold to other companies for profit thus compromising customer’s privacy.

Indeed, in the recent past, many companies across the globe have been slapped with hefty fines for personal data breaches. For example, just recently, tech giant, Facebook, was fined five billion dollars by the United States’, Federal Trade Commission, for violating user’s privacy…Read more>>

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