Company data privacy

Company data privacy or the archive of company information privacy, is the area of information technology (IT) that associates with the ability of a company or the individuals within an organization to determine what data could be shared with other individuals or organizations. The collection and sharing of data, the client expectation of his or her privacy, and the legal frameworks are central to the company data privacy structure and the issues surrounding it. Improper use or thefts of personal private data collected by a company are the main cause of privacy matters, which have alerted the global response to it. The European Union’s General Data Protection Regulation (GDPR), which will go into effect in May 2018, is aimed at protecting the individual’s private data.

Who is doing it?
Medical, Educational, financial and government organizations are directly or indirectly involved in collecting and sharing individual’s private information. Information revealed or illegally obtained on an individual can be detrimental to the livelihood of that person.

What is it used for?
Medical records of patients shared with others can be used for pharmaceutical companies to market their products directly to the patients. Financial establishments use of data privacy such as banks are being used for or against an individual financial credit standing.

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