Consumers have raised data privacy to front-page news and included it as a criterion for brand selection and engagement as a result of numerous high-profile data breaches. Globally, consumers are gradually becoming conscious that they aren’t always informed or aware of how their personal information is utilized or shared. According to a survey cited by Security Magazine, 54 percent of consumers are now more concerned about protecting their personal information than they were a year ago. In addition, 78% of respondents said they would cease interacting online with a brand if there were a data breach. Another independent study found that robust privacy compliance measures can reduce the sales cycle and boost client confidence. Business executives are more concerned about data privacy since it affects their bottom line.

Businesses are undoubtedly being transformed by consumer data, and businesses are in charge of managing the data they gather. Listed below is the benefits of Data Privacy for your business.

  1. Put two-factor authentication to use. Connect your phone number to your email or social media accounts. In this manner, you are informed whenever someone tries to access your account.
  2. Ensure that your antivirus program is current. Keep your computer updated at all times to prevent new viruses or hackers from accessing your information.
  3. Utilize a digital safe right away. To make it more difficult to break into your accounts, create unique passwords. LastPass is on top of the suggestions. It’s an app that assists you in coming up with unique passwords for every website you enter into and manages all of those passwords for you. Additionally, these websites offer a secure location to store other sensitive information including credit card, social security, license, and passport numbers.
  4. Don’t be a spear phishing victim. Emails, texts, and even phone calls may appear and sound genuine, but they are frequently fraudulent. Never fall for anything online that requests your personal information.
  5. Don’t be a spear phishing victim. Emails, texts, and even phone calls may appear and sound genuine, but they are frequently fraudulent. Never fall for anything online that requests your personal information.

Learning the advantages of data privacy will help you plan the next move on your business. Contact Us for more information.