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Defense in Depth
When Is Data an Asset and When Is It a Liability?
Feb 22, 2024
The podcast discusses the balance between data being an asset and a liability for organizations, the risks of data collection, and the importance of data minimization. It explores privacy laws, lawsuits targeting tech companies, and ethical considerations surrounding data collection. The Electronic Frontier Foundation emphasizes the significance of minimizing data collection upfront for better privacy and security.
34:49
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Quick takeaways
- Balancing data collection with privacy concerns is crucial for organizations to manage risks and adhere to regulations.
- Strategic decision-making and privacy impact assessments are essential for ethical data management and regulatory compliance.
Deep dives
Data as an Asset: Balancing Benefits and Risks
Organizations face a challenge in determining when holding data provides a business benefit versus becoming a liability. Cyber risks aside, the complex landscape of laws and regulations adds fines and penalties risks. Managing data assets requires assessing financial impact, business strategy, and administrative burden.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode