Corporate Social Responsibility and Data Privacy – the future?
Data Privacy legislation is driving companies to create data-lifecycles, which, in-turn, is forcing costly Big Data and IT transformations. Corporate Social Responsibility (CSR) & data privacy could be part of this mix.
With society behaving as if data privacy is not important, no formal gradings or certifications from GDPR regulators and the CSR-halo, very little will be happening any time soon. But it is coming. Over the next 10 years this position will change, because the reality is that data privacy is driving new information management processes which come at a cost and we are looking for ROI. CSR is one way to recoup that investment. It is the logical conclusion and, in these post GDPR years, the future.