Privacy by design, today’s need in the era of “big data”.
By MYBRANDBOOK
Kapil Madan
Global Head - Information Security, Risk and Compliance
Max Healthcare
Organizations understand the need to both innovate and safeguard the personal and confidential data of their customers, employees, and business partners. This has become increasingly challenging in the era of “big data”.
Privacy by Design states that any action a company undertakes that involves processing personal data must be done with data protection and privacy in mind at every step.
This includes internal projects, product development, software development, IT systems, and much more. In practice, this means that the IT department, or any department that processes personal data, must ensure that privacy is built into a system during the whole life cycle of the system or process. Up to now, tagging security or privacy features at the end of a long production process would be fairly standard.
Ensuring privacy and security—through every phase of the data lifecycle (e.g. collection, use, retention, storage, disposal or destruction)—has become crucial to avoid legal liability, maintaining regulatory compliance, protecting brand, and preserving stakeholder’s confidence.
That’s especially true for organizations that are increasingly subject to heightened scrutiny both internally by their boards and externally by their regulators and business partners. By taking a dynamic, proactive approach to privacy protection, Privacy by Design framework will give organization the ability to:
Privacy by design is a concept in which organizations emphasize privacy concerns at the outset of data processing practices, rather than applying features retroactively.
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