Safeguarding Personal Data in Today’s Business World

As a business analysis professional, you’re in a privileged position to handle privacy. That’s why you should always keep an eye on the privacy laws that apply to your organization. 

Disclaimer: The views and opinions expressed in this article are those of the authors and may not reflect the perspectives of IIBA.

These days, people expect organizations to handle personal data with care and respect. Privacy laws ensure that organizations meet these expectations by imposing constraints and obligations.

Since business analysis professionals are intimately involved in business solutions, they have a privileged view of the use of personal data in these solutions. This enables them to guard data throughout the solution lifecycle, interfacing with all stakeholders involved and ensuring the appropriate use of personal data as prescribed by relevant privacy laws.

Ignoring privacy laws comes with dire consequences, including heavy fines and the loss of revenue, customer trust, market position, or company valuation. Determining which privacy laws apply to your organization’s activities, and how, is a challenging but vital responsibility of business analysis professionals.