When it comes to the world of data privacy, there are certain basic principles to which all data holders should adhere. These principles of data privacy ensure that consumers and businesses can do business with each other without concern that bad actors will compromise their sensitive personal information.Â
In a sense, data privacy principles are about so much more than data: we’re talking about the ethics and morals of the business in question. By acting in the best interests of your customer's data, you are protecting their privacy and demonstrating that you value them for more than their money.Â
Businesses that don't care about their customers will simply view customer data as another asset. Businesses that do care and want to build trust with their customers will ensure that data privacy is always protected and that customers can know what data is being used and how it is being used.Â
What are the 3 principles of data privacy? What are the 10 privacy principles? You may already have an expectation in mind of how businesses should adhere. At Ketch, we believe there are 4 essential data privacy principles for adhering to responsible data practices:Â
These 4 principles of data privacy create the bones of a comprehensive data privacy framework. While your organization's data privacy principles are important, what is far more important is that you create policies that turn these basic ideals into reality. In other words, you have to operationalize the data principles in question.
Depending on your people and system complexity, operationalizing data privacy can be complex. For example, reflecting people’s privacy choices across 100s of data systems requires technology and automation. In instances like this, you may benefit from bringing in an outside vendor - like Ketch - to help you turn data privacy principles into reality.Â
GDPR principles have become a cornerstone of general data privacy principles concerns. It is impossible to have a comprehensive conversation about data privacy principles without considering GDPR’s foundational role in modern data privacy regulations.Â
GDPR is short for General Data Protection Regulation. It is the governing law surrounding personal and data privacy in the European Union. In many ways, it is now largely regarded as the leading legal effort in this arena. GDPR is regarded as one of the toughest and most consumer-friendly data privacy regulations in the world.Â
There are 7 principles of GDPR. They are as follows:
GDPR & data privacy are intertwined, forever. Many of these principles have been in effect for years, and over time, they have become accepted as the best way to protect consumer information. As GDPR evolves and enforcement continues, many companies are realizing that they must create impactful privacy controls to enhance their business and build trust with their consumers.Â
Every business can benefit from reviewing data privacy principles examples, determining how those examples apply to them, and using them in their own life or line of work.Â
For example, Adobe is frequently cited as one of the best data privacy principles examples in business. Adobe manages numerous computer programs, including Photoshop. With a product that is almost exclusively digital, any security or privacy failure could mean the end of that company. To that end, they have frequently publicly discussed their steps to secure their customers' personal information. These steps include:
Personal data privacy principles examples can also be found in areas other than business. Many colleges, governmental units, or healthcare systems also have robust examples of data privacy principles that your organization can use. Colleges provide a fascinating example of the need for privacy protection: Schools often have personal information, medical history, and financial and educational data. As noted by a 2021 article in Inside Higher Ed, college data privacy plans must come with numerous features, including:
Getting data privacy rights is no longer optional. By creating effective data privacy principles, your organization can build consumer confidence and protect the critical information in your technological infrastructure.Â
At Ketch, we're here to help. We offer a platform that can help you collect privacy choices from your customers and respect those choices across your business data ecosystem, no matter what regulations or jurisdictions you need to adhere to. Contact us for more information on how Ketch can make privacy compliance easy for your business.Â