Over the next 10 years, the intelligent use of data will become one of the largest competitive advantages a business can own. At precisely the same time, the loss or mishandling of data/info is among the larger risks confronting modern businesses.
As consumers become increasingly aware of security issues, and of the value of their data, data/information policy is moving away from the 'gather-with-consent' approach toward a model that holds the company answerable at every phase of the procedure. This fundamental shift in practice will have to be reflected in the data/ information management policy of the company. Many businesses lack up to date data/information policies and few comprehend the growing sway of the European Union on the mode of data/information management. This installation of Ethics Corner & Business Law attempts to help in the creation of new policy by explaining key legislative and policy initiatives in both the USA and the European Union, and by making data management policy recommendations.
PUBLICATION DATE: July 15, 2013 PRODUCT #: BH549-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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