Security News > 2022 > February > How to choose the right data privacy software for your business
Data privacy, the process of collecting, storing, managing and sharing access to data with third parties, is a crucial factor in ensuring business success.
A KPMG report last August revealed that "62% felt that their companies should do more to protect customer data" and "86% of [consumers] said they feel a growing concern about data privacy, while 78% expressed fears about the amount of data being collected. Some 40% of the consumers surveyed don't trust companies to use their data ethically, and 13% don't even trust their own employers."
Federally-funded educational institutions are governed by the Family Educational Rights and Privacy Act, which was enacted in 1974 and stipulates that underaged student data cannot be disclosed without the permission of their guardian, institutions must send a two-day notice in advance asking for this consent, and this notice must specifically lay out the reasons for for data disclosure.
HIPAA mandates that customers must be notified of the specifics involving how their data will be used, must provide consent for usage, must be allowed to access and make corrections to their data, and have the right to make complaints regarding their data misusage to the provider involved or the U.S. Department of Health and Human Services.
Cookie management is the name of Usercentrics data privacy game and Cookiebot uses a scanning technique that inventories and controls all website cookies/trackers to confirm compliance in data use.
Informatica Data Privacy discovers and protects personal data, analyzes data movement/usage, analyzes risks and remediates problems using artificial intelligence automation.