The Relationship between Privacy Notices and Risk

With a greater focus on data privacy worldwide, data subjects also expect organizations to take a ‘privacy forward’ approach to collecting and using their personal data. 

An organization’s privacy notice – its content and accuracy – is considered crucial evidentiary material to judge its sensitivity to consumer privacy concerns – thus, the privacy notice deserves attention and care to reduce reputational risk to the organization. 

Since privacy notices are forward-facing, any compliance violations are easy pickings for regulatory agencies. Thus, privacy notices need to be taken seriously, and organizations need to invest in ensuring compliance.