Data Privacy Versus Data Security

Executives worried about data breaches and the ensuing embarrassment are making compliance and security a top issue for their organizations this year. But many organizations are only focused on data security, while ignoring some essential aspects of data privacy. Data privacy goes beyond the traditional IT security and touches on issues such as corporate culture, data collection policies, and data quality initiatives. Organizations that ignore these additional dimensions increase their risk of having data breaches resulting in financial penalties and lost consumer trust.