Published
May 22, 2023
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5 min

Data Privacy: a TOP priority

If there’s a non-negotiable when choosing a consulting firm, it must be data privacy. At our firm, the recognition is given that clients' data is their most valuable asset. It is understood that businesses rely on their data to make informed decisions, develop strategies, and drive growth. That is why a commitment is made to protecting clients' data through strict security measures and industry-standard practices. The sensitivity of the information handled is acknowledged, and all necessary steps are taken to keep it confidential and secure. The belief is held that safeguarding clients' data is critical to building trust and long-term relationships.

In addition to the commitment to protecting clients' data as a matter of principle, the legal and regulatory obligations surrounding data privacy are recognized. As a global data analytics company, operation takes place in a complex regulatory environment where different countries have their own laws and regulations around data protection. However, one of the most comprehensive and widely recognized privacy frameworks in the world is the General Data Protection Regulation (GDPR). Introduced by the European Union to protect the privacy and personal data of its citizens, the regulation came into effect on May 25, 2018, with the purpose of penalizing the violation of privacy and security standards set by the regulation.

Compliance with GDPR is considered critical not only because it is a legal requirement for businesses operating in the European Union, but also because it sets a high bar for data privacy standards that are believed to be met by all organizations. By adhering to GDPR and other relevant data privacy regulations, it can be ensured that clients' data is treated with the utmost care and respect, while also promoting trust and transparency with clients and stakeholders.

GDPR compliance is considered critical for business success and for maintaining clients' trust. That is why a structured plan has been created within our organization, with the R&D area taking the lead and involving all areas of the business to work towards GDPR compliance.

The awareness exists that protecting the personal data of clients is not only a legal obligation but also a moral responsibility. Significant resources have been allocated to this effort, and GDPR compliance has been made a top priority for the organization. Work will continue towards the implementation of the highest standards of data protection to ensure that clients' personal information is always kept safe and secure.

Clients are encouraged to conduct audits and perform tests as part of a comprehensive process to ensure compliance with all pertinent data privacy measures. There must be committed to maintain rigorous security measures and data protection protocols instills confidence, and there should be the opportunity to showcase this to clients. Regular audits and tests facilitate continuous improvement in data privacy practices, ensuring the provision of the highest level of security our clients deserve. In the event of any concerns or inquiries regarding data privacy procedures, clients are encouraged to seek assistance. The main goal is providing help and support to ensure the utmost security of their data.

Rafaela Bastidas
Author
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