What does data privacy mean in business?

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Multiple Choice

What does data privacy mean in business?

Explanation:
Data privacy in business means protecting individuals' personal information from unauthorized access, use, or disclosure, and handling data in ways that respect people’s expectations and comply with laws. This protects customers and builds trust, while also reducing legal and reputational risk for the company. It’s not about backing up data, which is focused on data recovery and availability, nor about sharing personal data broadly, which would undermine privacy. Privacy matters to consumers—when a company safeguards data, people feel more confident doing business. In practice, this involves limiting what data is collected, who can access it, using safeguards like encryption, and being transparent about how data is used and retained.

Data privacy in business means protecting individuals' personal information from unauthorized access, use, or disclosure, and handling data in ways that respect people’s expectations and comply with laws. This protects customers and builds trust, while also reducing legal and reputational risk for the company. It’s not about backing up data, which is focused on data recovery and availability, nor about sharing personal data broadly, which would undermine privacy. Privacy matters to consumers—when a company safeguards data, people feel more confident doing business. In practice, this involves limiting what data is collected, who can access it, using safeguards like encryption, and being transparent about how data is used and retained.

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