Understanding Data Privacy Across Different Industries and Scenarios
The Importance of Data Privacy in Today’s World In today’s digital age, data has become the backbone of every industry. From healthcare and finance to education and e-commerce, data plays a critical role in decision-making and growth. However, with the increasing amount of data being collected, stored, and processed, there is a growing concern about data privacy. According to a report by Statista, 71% of consumers are more concerned about their online data than they were a year ago. This concern is not unfounded, as data breaches have become more common, with an estimated 500 million records breached in 2020 alone. ...