Despite its benefits, data sharing comes with several challenges:
Data Privacy: Ensuring the privacy of sensitive data is a significant concern. Businesses must comply with regulations such as GDPR to protect personal information. Data Security: Protecting data from breaches and unauthorized access is critical. Implementing robust security measures is essential to safeguard shared data. Quality and Consistency: Ensuring the quality and consistency of data across different sources can be challenging. Inaccurate or inconsistent data can lead to poor decision-making. Technical Barriers: Data sharing often requires integrating different systems and technologies, which can be complex and costly.