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Why care about data protection?

Published in: Technology, Business
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  1. 1. PERSONAL DATA PROTECTION Risks and advantages Processing personal data Finality Legitimacy Transparency Organisation Proportional End-to-end
  2. 2. <ul><li>Intelligent, durable, sustainable information management </li></ul><ul><li>Privacy compliance is “marketable” </li></ul><ul><ul><li>Especially for data processing service providers (e.g. e-discovery, “off the shelve” content management systems, …) </li></ul></ul>
  3. 3. <ul><li>(in)direct </li></ul><ul><ul><li>Specifically relating to data protection </li></ul></ul><ul><ul><li>Only indirectly relating to data protection </li></ul></ul><ul><li>Nature </li></ul><ul><ul><li>Criminal sanctions </li></ul></ul><ul><ul><li>Administrative sanctions </li></ul></ul><ul><ul><li>Civil sanctions </li></ul></ul><ul><ul><ul><li>Damages </li></ul></ul></ul><ul><ul><ul><li>Voidability of act(ion)s </li></ul></ul></ul>e.g. the dismissal of a staff member based on illegitimately collected info e.g. Fines Prohibition to further process Confiscation of the data (carriers) Revocation of a licence … e.g. Imprisonment Fines
  4. 4. <ul><li>Reputation is hard to measure, incl. movement therein upwards as well as downwards </li></ul><ul><li>But… </li></ul><ul><ul><li>Studies indicating a financial impact e.g. on the stock price </li></ul></ul><ul><ul><li>Psychology states that it takes long to build a good reputation, but only seconds to loose it </li></ul></ul>
  5. 5. Source: Euronews