What Are the Consequences of Ignoring Privacy Concerns?
Ignoring privacy concerns can have severe consequences, including:
Financial Penalties: Non-compliance with privacy laws can result in substantial fines. Reputational Damage: Data breaches and privacy violations can erode consumer trust and damage the company's reputation. Operational Disruptions: Addressing privacy breaches can be time-consuming and costly, disrupting business operations. Legal Action: Victims of privacy violations may pursue legal action against the company.