To enable growth while managing risk for data privacy provisions in a contract, apply the following approach:
Simply, data privacy is about operating with transparency.
How do I talk about transparency?
“As this is a top priority for consumers, we need a clear operating framework for handling more sensitive data. When personal data is involved, additional measures need to be taken to protect this information.”
How do I act on this?
Use these 5 key negotiation points
- Type of data processed
- Security standard
- Breach notice
- Legal standard
- Transfer and processing
