Implementing a robust framework is vital for addressing privacy concerns and combating cyber threats. However, the business units responsible for managing risks associated with privacy, data governance and cybersecurity often prioritize their own activities, resulting in inconsistent practices that lead to gaps in customer data protection efforts. To manage the risks of customer data loss effectively, it is crucial to adopt a collaborative approach that encompasses privacy, data governance, cybersecurity and consumer trust.

Read this article to learn how organizations can navigate regulations, assess risks and foster collaboration for robust data protection.