Protecting Privacy by Minimizing Data

Posted with permission from Active Navigation, originally published on June 1. Ten years ago, there was no such thing as too much data. Notions about data being the “new oil” prompted organizations to horde every byte they could, hoping that they might be able to harness it down the road. Combined with the notion that “storage is cheap,” this belief has led many companies to exponentially increased their risk rather than their opportunity. New data privacy regulations in Europe and the United States impose a significant burden of care on organizations regarding their data collection processes. In fact, data minimization is a fundamental principle within the European Union’s General Data Protection Regulation (GDPR). Whether governed by the GDPR or state privacy regulations like the California Consumer Privacy Act (CCPA), businesses must now limit the personal data they collect and dispose of it once it is no longer needed for a […]