How Does Data Privacy Affect Corporate Responsibility?

Global companies now experience hundreds of data breaches every year, and news about misuse of user data is leaving stakeholders increasingly concerned. Beyond new privacy regulations that are forcing companies to act, a growing number of business leaders are looking deeper at the issue of privacy.

In this series sponsored by Symantec, we’ll examine data privacy as a pillar of corporate responsibility. With the help of experts from across the privacy and governance space, we’ll explore the societal and business risks associated with managing user data, how transparency can help companies re-establish trust among consumers, and how forward-thinking leaders can turn a tough conversation into an opportunity.

Content from this campaign

Responsible Business & Employee Engagement

It’s Time to Take Control of Your Data: 3 Easy Ways to Own Your Online Presence
You might be asking yourself what ‘taking control of your data’ really means or why it’s important. As the COO of Norton LifeLock, I often hear “I’ve got nothing to hide on my phone” and “I don’t care who sees my browser history.” I quickly point to the 143 million Americans who were affected by cybercrime in 2017; that’s more than half of the U.S. adult online population.

Responsible Business & Employee Engagement

Helping Foster Youth Protect Against Identity Theft
Identity theft is a nightmare for anyone who falls prey to it, and while everyone is vulnerable, America’s foster youth are particularly at-risk.

Health & Healthcare

DNA Testing Is Popular, But Many Are Unaware of Privacy Concerns
The rapid rise of home DNA testing services like 23andMe and Ancestry.com present new questions about privacy and security, as these DNA results are increasingly leveraged for applications that go far beyond customer curiosity.

Innovation & Technology

Ensuring Business Innovation While Protecting Data Privacy: A Balancing Act
How can U.S. companies continue using data to provide better products and services, while ensuring privacy and transparency? The Information Accountability Foundation (IAF) has drafted a framework to address this question.

Innovation & Technology

5 Best Practices of Design Thinking Companies Can Use to Ensure Data Privacy
As online security and user experience simultaneously become two of the most important topics for modern companies, GDPR compliance by companies is a must. There is an art to creating a high-quality user experience while also adhering to this new regulation, and it begins with design thinking.

Innovation & Technology

Best Practices for Employee Data Protection

Innovation & Technology

How Data Privacy Regulations Affect Nonprofits—And What They Can Do

Innovation & Technology

How Data Privacy Regulations Affect Your Supply Chain

Innovation & Technology

How the Push to Make Data Privacy a Human Right Will Impact Businesses
As companies collect and use an increasingly staggering amount of personal information, there is greater attention on what their responsibility is—both ethically and legally—in handling all of this data.

Innovation & Technology

What New U.S. Data Privacy Laws Mean for Business
The frequency and intensity of data breaches are on the rise worldwide. More than 4.5 billion records were compromised in the first half of 2018, a 133 percent increase over last year, according to Gemalto’s Breach Level Index. Numbers like these make consumers understandably wary of sharing their personal information with companies, and they also represent a significant risk for the world’s top firms.
TriplePundit logo

More from TriplePundit

  1. Force for Good: Giving Back to Communities Nationwide
    Stakeholders increasingly expect companies to be a positive force in the communities where their employees live and work — not just with philanthropic...

  2. Avocados: The Farm-to-Table Journey of America’s Favorite Fruit
    Americans love avocados, but most don’t know that more than 80 percent of the prized green fruits that arrive in the U.S. come from one place: Mexico...

  3. NYC: Leading Toward a Green Economy
    As a leader in sustainability, New York City is at the forefront of the green economy and tackling climate change, while working toward the city's...

  4. Building More Sustainable Agricultural Supply Chains, Today and Into the Future
    More and more companies are looking to measure and mitigate the full scope of their greenhouse gas emissions in alignment with changing regulations...

  5. Decarbonizing the Maritime Industry
    In 2018, countries within the International Maritime Organization — the U.N. agency that regulates global shipping — pledged to reduce the carbon...

  6. The ONE HOME, ONE PLANET U.S. Event Inspires Action for IKEA and Purpose-Driven Leaders
    IKEA brought leaders together to envision a better and more sustainable future at the ONE HOME, ONE PLANET U.S. event in March. The goal of the two...

  7. Carbon and Beyond: The ESG and Sustainability Trends Shaping Business Today
    These days stakeholders are asking more and more about how environmental, social and governance (ESG) factors impact business, and companies are...

  8. Lead on Purpose: How Values Drive Business in Uncertain Times
    2020 was a turning point for many Americans. Now more than ever, consumers look to businesses to have a positive impact on society. In fact, 60...

  9. Doing the Work: What Does It Mean To Be a Just Company?
    More than 75 percent of Americans feel it is "deeply important that companies respond to racial injustice” in order to earn or keep their trust, and...

  10. Equalizing Care: Busting Disparities in the Healthcare System
    Gaps in equal access to effective healthcare have long been the norm in the U.S., but many weren’t aware of how bad the problem really was until the...