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The bright side of data privacy compliance: 5 value-driven opportunities for retailers

Thales Cloud Protection & Licensing

The bright side of data privacy compliance: 5 value-driven opportunities for retailers madhav Thu, 08/31/2023 - 05:20 Failing to keep up with data privacy legislations, such as General Data Protection Regulation (GDPR) or the California Consumer Privacy Act (CCPA) can harm a brand’s bottom-line and public reputation.

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Data privacy examples

IBM Big Data Hub

An online retailer always gets users’ explicit consent before sharing customer data with its partners. A navigation app anonymizes activity data before analyzing it for travel trends. One cannot overstate the importance of data privacy for businesses today.

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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

Source (New) Software Luxembourg Yes 3,600,000 National Automobile Dealers Association Source (New) Retail USA Yes 1,065,000 Consórcio Canopus Source (New) Professional services Brazil Yes 1,400,000 The Teaching Company (Wondrium by The Great Courses) Source (New) Education USA Yes 1.3 TB Gräbener Maschinentechnik GmbH & Co.

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Retail has a multi-cloud problem…with sensitive data

Thales Cloud Protection & Licensing

Digital transformation (DX) is fundamentally impacting all aspects of the economy across every industry, and nowhere is this truer than in retail. Overall, 76% report that they will also use sensitive data within at least one of these cloud environments. Tools that reduce multi-cloud data security complexity are critical.

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The Week in Cyber Security and Data Privacy: 12 – 18 February 2024

IT Governance

Source New Retail USA Yes 12 Family and Children’s Services of Lanark, Leeds and Grenville Source New Public Canada Yes 4 100 Romanian hospitals using the Hipocrate Information System Source 1 ; source 2 New Healthcare USA Yes Unknown Prudential Financial Source New Finance USA Yes Unknown Securence (a subsidiary of U.S.

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GDPR. Forget bitcoin, data is the new currency of retail

OpenText Information Management

On May 25, 2018, the new EU data privacy regulation, known as the General Data Protection Regulation (GDPR), comes into force. Forget bitcoin, data is the new currency of retail appeared first on OpenText Blogs. Shortly after that the sky falls in and the world ends. But what if, just if, it’s not that bad?

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Respecting Privacy and Data Protection: World Consumer Rights Day

Thales Cloud Protection & Licensing

It’s estimated that more than 20% of retail sales will come from eCommerce in 2023 (rising to nearly 25% in 2026), illustrating the magnitude of digital transactions. It’s not only consumers and retailers taking notice of this trend, of course. Privacy and data protection are not the only things consumers expect from a retailer.

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