Why should your business care about privacy?
Because your customers do.
By the numbers:
- 86% of users take their privacy seriously online, but only 26% are somewhat or more confident the companies they do business with protect their privacy.
- 90% of Canadians feel there are loosing control of their data, and expect better protection
- 78% of people claim to be aware of the risks with unknown links in emails… and click anyway. Will this include members of your team?
- 70% of organizations get significant business benefits investin in privacy.
Time to take privacy seriously. Proactive privacy plans aren't just pretty packages: they are powerful competitive tools to take into the marketplace, giving your business an edge when asking for investment and developing customer trust.
Privacy solutions include:
- External privacy notices for customers and users
- Review of controls, using privacy impact assessments and data protection impact assessments. What do you have, or what do you still need?
- Legislation analysis: breakdown of the privacy legislations your business needs to be compliant with
- Internal privacy policies, standard operating procedures and administrative security measures
- Data mapping
- Security recommendations, including where to go for more robust safeguards
- Compliance around the globe: advice on Canadian legislation, the GDPR for doing business in the European Union, and other international expectations.
No matter where you're going, your customers want you to protect their data's privacy.
Privacy in Canada
Collecting personally identifiable information on Canadian citizens? You need to meet the standards of the Personal Information Protection and Electronic Documents Act (PIPEDA) no matter where your business is located. Information in Bloom Management Services can walk you through your information and data lifecycle, developing the privacy documentation and showing you the operational requirements your business needs to prove commitment to the fair information principles, and stay in good standing.
Privacy in the United States
If going to the United States, you'll find privacy requirements vary. Depending on your business, you might need to keep an an eye on the California Consumer Privacy Act (CCPA), the Biometric Information Privacy Act of Illinois (BIPA), or specific regulations that govern privacy in healthcare (HIPAA). Information in Bloom can get you started, or if you're ready for full assessments, connect you with partners that will walk through compliance obligations.
Privacy in Europe
Organizations who collect or process data from European Union residents must comply with the General Data Protection Regulations (GDPR). Two highlights of the law include development of standard controls for operational information governance, and having access to a qualified data protection officer, whom may be brought in on independent contract. A freelance consultancy in both information and privacy, hiring Information in Bloom gives your organization both.
Get your start-up on the right foot with investors and future customers.
Creating a new company from scratch? Looking to set the world buzzing with your new network, or Internet of Things device? Don't wait on privacy planning: close gaps and make sure your following compliance regulations before the prototype needs to be re-developed. IoT in particular need 'privacy by design': understanding what data your device is collecting and what safeguards should be in place before going to market.