Consumers have succumbed to the lack of privacy they have, and have come to terms that they must give up their information to participate in society and remain relevant. They know their information is ‘out there’ and they are not getting it back. They know that short of living in a cave, this way of life will not change. Privacy is dead. A reckoning is coming in which consumers will search for companies that are responsible with consumer information. They are searching for companies they can trust. Only those companies that are proactive in re-imagining privacy will remain relevant, profitable, and future-ready for a reckoning that is coming.

Determining the lawful basis for processing personal data can, at times, be confusing as the six lawful bases outlined in the GDPR can be interpreted (or manipulated) to make it fit for purpose. You can no longer avoid seeking consent to process personal data by simply including it in a contract.

As the fiscal year comes to an end, spending your entire privacy budget will ensure privacy has a voice at the table and the privacy function will have sufficient resources next year. The typical ‘if you don’t use it, you lose it’ situation. Don’t let it happen.

Canada’s new federal privacy regime, CPPA, to effectively replace PIPEDA. How small and medium businesses can prepare for this overhaul.

Investigating Privacy and Cybersecurity Risks with Open Banking