Data Ethics and Responsibility Build Trust, Efficiency, and Competitive Advantage

By |2023-11-27T14:39:22-05:00November 21st, 2023|Data Compliance, Information Governance and Management, Privacy|

Data ethics and responsibility refer to the practice of using data in a fair, transparent, accountable, and trustworthy manner. Treating data responsibly extends far beyond simply achieving regulatory compliance. It involves carefully considering the impact of data on individuals and society. While it brings important business benefits, it requires strategy. For example, a university conducting social research on issues surrounding indigenous peoples has a responsibility to respect the cultural values of the indigenous community. This will involve first obtaining informed consent from the community and individuals involved. It also requires taking steps to ensure fairness and cultural accuracy in data

Comments Off on Data Ethics and Responsibility Build Trust, Efficiency, and Competitive Advantage

Embrace Data Ethics as an Essential Part of Business Strategy

By |2020-10-06T05:07:27-04:00September 30th, 2020|Data Compliance, Information Governance and Management|

Not just a matter of regulatory compliance, highly regulated industries and others that are not must consider embracing data ethics as a component of their overall business strategy. The Data Ethics Problem According to Deloitte, 9.7 billion data records have been lost or stolen worldwide since 2013. And since it went into effect in 2018, consumers have filed more than 95,000 complaints relating to the EU’s GDPR statute. Despite advances, legislation is not keeping up with the ethical issues raised by the large volume and variety of data collected. Those issues are bound to impact data-heavy businesses where it hurts,

Comments Off on Embrace Data Ethics as an Essential Part of Business Strategy
Go to Top