Legal Compliance: Ensures adherence to regulations, avoiding penalties and legal repercussions.
Financial Protection: Prevents costly fines that can result from data breaches or non-compliance.
Customer Trust: Builds confidence among customers and partners by demonstrating a commitment to data privacy.
Competitive Advantage: Differentiates the business in the market as a privacy-conscious organization.
Reputation Management: Protects the company’s reputation from damage associated with data breaches or misuse.