Data Privacy for Safeguarding Personal Information

Glossary/D/Data Privacy

What is Data Privacy?

Data privacy refers to the protection of individuals' personal information, ensuring that it is collected, processed, stored, and shared in a secure and responsible manner. It involves the establishment of policies, procedures, and safeguards to safeguard sensitive data from unauthorized access, use, or disclosure.

In the digital age, where vast amounts of personal data are collected and processed by organizations, data privacy has become a critical concern for individuals, businesses, and regulatory bodies. Personal information includes details such as names, addresses, social security numbers, financial records, health records, and any other data that can be used to identify an individual.

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Not to be confused with:

Responsible AI

Responsible AI recognizes that AI technologies can have significant impacts on individuals, communit...

AI Governance

AI governance refers to the policies, frameworks, and guidelines that are put in place to guide the ...

Responsible AI

Responsible AI recognizes that AI technologies can have significant impacts on individuals, communit...

AI Governance

AI governance refers to the policies, frameworks, and guidelines that are put in place to guide the ...

Responsible AI

Responsible AI recognizes that AI technologies can have significant impacts on individuals, communit...

AI Governance

AI governance refers to the policies, frameworks, and guidelines that are put in place to guide the ...

Data privacy aims to give individuals control over their personal information and ensure that organizations handle it in a transparent and lawful manner. It involves obtaining informed consent from individuals before collecting their data and clearly communicating how the data will be used. Organizations are responsible for protecting the confidentiality, integrity, and availability of the data they collect. It builds trust between individuals and organizations, fostering a positive relationship. Secondly, it mitigates the risks of identity theft, fraud, and unauthorized access to sensitive information. Thirdly, it helps organizations comply with legal requirements, avoiding hefty fines and reputational damage.

Data privacy is regulated by laws and regulations, such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. These regulations dictate how organizations should handle personal data, including requirements for data protection, individual rights, data breach notifications, and consent management.

To maintain data privacy, organizations implement various measures such as encryption, access controls, regular security assessments, and privacy impact assessments.

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