{"id":1391,"date":"2022-02-16T18:43:33","date_gmt":"2022-02-16T13:13:33","guid":{"rendered":"https:\/\/store.ksolves.com\/blog-beta\/?p=1391"},"modified":"2022-03-25T16:21:18","modified_gmt":"2022-03-25T10:51:18","slug":"data-privacy-is-lacking-in-your-business-know-how","status":"publish","type":"post","link":"https:\/\/store.ksolves.com\/blog\/odoo\/data-privacy-is-lacking-in-your-business-know-how","title":{"rendered":"Data Privacy Is Lacking In Your Business &#8211; Know How"},"content":{"rendered":"<p>No one can deny that an entire business system is standing on a pile of critical data. Every block of data is necessary to run a business successfully. From using mobile devices to desktops, the stored data is responsible for keeping a task ongoing.<\/p>\n<p>Today, cloud technology is taking control over all business data. Every kind of information is available online in today&#8217;s time. Therefore, it is necessary to secure your data on every device to succeed in your business.<\/p>\n<p>Whether you are using <span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/store.ksolves.com\/\">Odoo<\/a><\/strong><\/span> or other open-source software, Data Privacy in ERP is extremely important.<\/p>\n<p>Let&#8217;s understand what data privacy is, why it is important, and how a business can achieve it.<\/p>\n<p>&nbsp;<\/p>\n<h2><b>What is Data Privacy?<\/b><\/h2>\n<p>Data privacy is a style of securing your business-sensitive data from unauthorized visitors. It is a way of preserving and maintaining well-structured data online, where information can be tracked easily.<\/p>\n<p>When everything is easily accessible, it is important to track who is viewing your data &amp; how they are using it for their personal benefits. Storing necessary business data without a solid strategy can bring unexpected consequences.<\/p>\n<p>Build a bridge between your vital data and intruders to preserve the foundation of your business.<\/p>\n<p>It is easy to focus on the threads posted by attackers, but this is just half of the story. Protecting your privacy is as critical as data security.<\/p>\n<p>&nbsp;<\/p>\n<h3><b>What is the difference between Data Security and Privacy?<\/b><\/h3>\n<p>Many times a user gets confused between data security and privacy. However, both terms seem similar but with different concepts.<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong>Data Privacy<\/strong>: It addresses the legal collection, storage, and use of data.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong>Data Security<\/strong>: It is the safeguarding of data from illegal activities and intentional hacking.<\/li>\n<\/ul>\n<p>In other words, Privacy refers to the right you have to control your information over various channels. Whereas Security refers to how your information is protected from other people to access it for their personal usage.<\/p>\n<p>&nbsp;<\/p>\n<h3><b>Why is Data Privacy Important in Any Business?<\/b><\/h3>\n<p>Keeping sensitive and private information safe is paramount. Lack of data privacy brings huge failure to the business and people&#8217;s lives. The financial data of any business is amongst the most vulnerable data if not protected properly.<\/p>\n<p><strong><br \/>\nHere are 11 reasons why data privacy becomes important to any business.<\/strong><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To fulfill legal standards.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To encourage and promote innovation.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To avoid data leakage that causes harm to data subjects or humans.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To preserve and increase the value of the company.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To avoid breaches that cause harm to enterprises.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To enhance and expand the business.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To promote ethics.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To accommodate your clients&#8217; requirements.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To acquire a competitive advantage by standing out from the crowd.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">For maintaining the trust of your customers, public, and investors.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">To increase consumer loyalty.<\/li>\n<\/ol>\n<p>Companies may be vulnerable to cybercrimes due to a lack of access control over confidential information.<\/p>\n<p>As an increasing amount of our lives and activities take place online, cybersecurity is a growing concern. This is how data privacy laws come into the picture.<\/p>\n<p>&nbsp;<\/p>\n<h3><b>What are Data Privacy Laws?<\/b><\/h3>\n<p>Depending on your location, data privacy rules and regulations are operated. Different countries and states will have different data privacy laws.<\/p>\n<p>Although the European Union has established laws in all of its member nations, various countries have set their own regulations.<\/p>\n<p><span style=\"font-weight: 400;\">More than 75 countries have adopted <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/en.wikipedia.org\/wiki\/Privacy_law\">data privacy laws<\/a><\/span> to build a strong and trustworthy relationship with users.\u00a0<\/span><\/p>\n<p>Data privacy laws entail protecting the confidentiality and authenticity of important data. Every internet user must be aware of their state data privacy regulations to avoid becoming a victim of cybercrime.<\/p>\n<p>&nbsp;<\/p>\n<h3><b>How to achieve Data Privacy?<\/b><\/h3>\n<p>Technologies evolve every now and then, and data security becomes important when technology increases.<\/p>\n<p>Eliminating all the risks associated with your data is not a one-stop solution. Over time, your data value decreases, risks and costs associated with it increase.<\/p>\n<p>Data Privacy Day is recognized on 28th January every year to help users understand how they can de-risk their data. To get more information on how Odoo can save your business&#8217;s valuable data, consult with the data privacy experts.<\/p>\n<p>Stay secure and keep your critical data confidential from malicious hackers!<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_1391\" class=\"pvc_stats all  \" data-element-id=\"1391\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" version=\"1.0\" viewBox=\"0 0 502 315\" preserveAspectRatio=\"xMidYMid meet\"><g transform=\"translate(0,332) scale(0.1,-0.1)\" fill=\"\" stroke=\"none\"><path d=\"M2394 3279 l-29 -30 -3 -207 c-2 -182 0 -211 15 -242 39 -76 157 -76 196 0 15 31 17 60 15 243 l-3 209 -33 29 c-26 23 -41 29 -80 29 -41 0 -53 -5 -78 -31z\"\/><path d=\"M3085 3251 c-45 -19 -58 -50 -96 -229 -47 -217 -49 -260 -13 -295 52 -53 146 -42 177 20 16 31 87 366 87 410 0 70 -86 122 -155 94z\"\/><path d=\"M1751 3234 c-13 -9 -29 -31 -37 -50 -12 -29 -10 -49 21 -204 19 -94 39 -189 45 -210 14 -50 54 -80 110 -80 34 0 48 6 76 34 21 21 34 44 34 59 0 14 -18 113 -40 219 -37 178 -43 195 -70 221 -36 32 -101 37 -139 11z\"\/><path d=\"M1163 3073 c-36 -7 -73 -59 -73 -102 0 -56 133 -378 171 -413 34 -32 83 -37 129 -13 70 36 67 87 -16 290 -86 209 -89 214 -129 231 -35 14 -42 15 -82 7z\"\/><path d=\"M3689 3066 c-15 -9 -33 -30 -42 -48 -48 -103 -147 -355 -147 -375 0 -98 131 -148 192 -74 13 15 57 108 97 206 80 196 84 226 37 273 -30 30 -99 39 -137 18z\"\/><path d=\"M583 2784 c-38 -19 -67 -74 -58 -113 9 -42 211 -354 242 -373 16 -10 45 -18 66 -18 51 0 107 52 107 100 0 39 -1 41 -124 234 -80 126 -108 162 -133 173 -41 17 -61 16 -100 -3z\"\/><path d=\"M4250 2784 c-14 -9 -74 -91 -133 -183 -95 -150 -107 -173 -107 -213 0 -55 33 -94 87 -104 67 -13 90 8 211 198 130 202 137 225 78 284 -27 27 -42 34 -72 34 -22 0 -50 -8 -64 -16z\"\/><path d=\"M2275 2693 c-553 -48 -1095 -270 -1585 -649 -135 -104 -459 -423 -483 -476 -23 -49 -22 -139 2 -186 73 -142 361 -457 571 -626 285 -228 642 -407 990 -497 242 -63 336 -73 660 -74 310 0 370 5 595 52 535 111 1045 392 1455 803 122 121 250 273 275 326 19 41 19 137 0 174 -41 79 -309 363 -465 492 -447 370 -946 591 -1479 653 -113 14 -422 18 -536 8z m395 -428 c171 -34 330 -124 456 -258 112 -119 167 -219 211 -378 27 -96 24 -300 -5 -401 -72 -255 -236 -447 -474 -557 -132 -62 -201 -76 -368 -76 -167 0 -236 14 -368 76 -213 98 -373 271 -451 485 -162 444 86 934 547 1084 153 49 292 57 452 25z m909 -232 c222 -123 408 -262 593 -441 76 -74 138 -139 138 -144 0 -16 -233 -242 -330 -319 -155 -123 -309 -223 -461 -299 l-81 -41 32 46 c18 26 49 83 70 128 143 306 141 649 -6 957 -25 52 -61 116 -79 142 l-34 47 45 -20 c26 -10 76 -36 113 -56z m-2057 25 c-40 -58 -105 -190 -130 -263 -110 -324 -59 -707 132 -981 25 -35 42 -64 37 -64 -19 0 -241 119 -326 174 -188 122 -406 314 -532 468 l-58 71 108 103 c185 178 428 349 672 473 66 33 121 60 123 61 2 0 -10 -19 -26 -42z\"\/><path d=\"M2375 1950 c-198 -44 -350 -190 -395 -379 -18 -76 -8 -221 19 -290 114 -284 457 -406 731 -260 98 52 188 154 231 260 27 69 37 214 19 290 -38 163 -166 304 -326 360 -67 23 -215 33 -279 19z\"\/><\/g><\/svg><\/i> <img decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" data-src=\"https:\/\/store.ksolves.com\/blog\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" style=\"--smush-placeholder-width: 16px; --smush-placeholder-aspect-ratio: 16\/16;\" \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>No one can deny that an entire business system is standing on a pile of critical data. Every block of [&hellip;]<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_1391\" class=\"pvc_stats all  \" data-element-id=\"1391\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" version=\"1.0\" viewBox=\"0 0 502 315\" preserveAspectRatio=\"xMidYMid meet\"><g transform=\"translate(0,332) scale(0.1,-0.1)\" fill=\"\" stroke=\"none\"><path d=\"M2394 3279 l-29 -30 -3 -207 c-2 -182 0 -211 15 -242 39 -76 157 -76 196 0 15 31 17 60 15 243 l-3 209 -33 29 c-26 23 -41 29 -80 29 -41 0 -53 -5 -78 -31z\"\/><path d=\"M3085 3251 c-45 -19 -58 -50 -96 -229 -47 -217 -49 -260 -13 -295 52 -53 146 -42 177 20 16 31 87 366 87 410 0 70 -86 122 -155 94z\"\/><path d=\"M1751 3234 c-13 -9 -29 -31 -37 -50 -12 -29 -10 -49 21 -204 19 -94 39 -189 45 -210 14 -50 54 -80 110 -80 34 0 48 6 76 34 21 21 34 44 34 59 0 14 -18 113 -40 219 -37 178 -43 195 -70 221 -36 32 -101 37 -139 11z\"\/><path d=\"M1163 3073 c-36 -7 -73 -59 -73 -102 0 -56 133 -378 171 -413 34 -32 83 -37 129 -13 70 36 67 87 -16 290 -86 209 -89 214 -129 231 -35 14 -42 15 -82 7z\"\/><path d=\"M3689 3066 c-15 -9 -33 -30 -42 -48 -48 -103 -147 -355 -147 -375 0 -98 131 -148 192 -74 13 15 57 108 97 206 80 196 84 226 37 273 -30 30 -99 39 -137 18z\"\/><path d=\"M583 2784 c-38 -19 -67 -74 -58 -113 9 -42 211 -354 242 -373 16 -10 45 -18 66 -18 51 0 107 52 107 100 0 39 -1 41 -124 234 -80 126 -108 162 -133 173 -41 17 -61 16 -100 -3z\"\/><path d=\"M4250 2784 c-14 -9 -74 -91 -133 -183 -95 -150 -107 -173 -107 -213 0 -55 33 -94 87 -104 67 -13 90 8 211 198 130 202 137 225 78 284 -27 27 -42 34 -72 34 -22 0 -50 -8 -64 -16z\"\/><path d=\"M2275 2693 c-553 -48 -1095 -270 -1585 -649 -135 -104 -459 -423 -483 -476 -23 -49 -22 -139 2 -186 73 -142 361 -457 571 -626 285 -228 642 -407 990 -497 242 -63 336 -73 660 -74 310 0 370 5 595 52 535 111 1045 392 1455 803 122 121 250 273 275 326 19 41 19 137 0 174 -41 79 -309 363 -465 492 -447 370 -946 591 -1479 653 -113 14 -422 18 -536 8z m395 -428 c171 -34 330 -124 456 -258 112 -119 167 -219 211 -378 27 -96 24 -300 -5 -401 -72 -255 -236 -447 -474 -557 -132 -62 -201 -76 -368 -76 -167 0 -236 14 -368 76 -213 98 -373 271 -451 485 -162 444 86 934 547 1084 153 49 292 57 452 25z m909 -232 c222 -123 408 -262 593 -441 76 -74 138 -139 138 -144 0 -16 -233 -242 -330 -319 -155 -123 -309 -223 -461 -299 l-81 -41 32 46 c18 26 49 83 70 128 143 306 141 649 -6 957 -25 52 -61 116 -79 142 l-34 47 45 -20 c26 -10 76 -36 113 -56z m-2057 25 c-40 -58 -105 -190 -130 -263 -110 -324 -59 -707 132 -981 25 -35 42 -64 37 -64 -19 0 -241 119 -326 174 -188 122 -406 314 -532 468 l-58 71 108 103 c185 178 428 349 672 473 66 33 121 60 123 61 2 0 -10 -19 -26 -42z\"\/><path d=\"M2375 1950 c-198 -44 -350 -190 -395 -379 -18 -76 -8 -221 19 -290 114 -284 457 -406 731 -260 98 52 188 154 231 260 27 69 37 214 19 290 -38 163 -166 304 -326 360 -67 23 -215 33 -279 19z\"\/><\/g><\/svg><\/i> <img decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" data-src=\"https:\/\/store.ksolves.com\/blog\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" style=\"--smush-placeholder-width: 16px; --smush-placeholder-aspect-ratio: 16\/16;\" \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":3,"featured_media":1394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-odoo"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Data Privacy Is Important To Preserve Your Data Online<\/title>\n<meta name=\"description\" content=\"Improving data security and privacy is necessary for your business and personal growth. Check if your business lacks data privacy and learn how you can achieve it.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/store.ksolves.com\/blog\/odoo-2\/data-privacy-is-lacking-in-your-business-know-how\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Data Privacy Is Important To Preserve Your Data Online\" \/>\n<meta property=\"og:description\" content=\"Improving data security and privacy is necessary for your business and personal growth. Check if your business lacks data privacy and learn how you can achieve it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/store.ksolves.com\/blog\/odoo-2\/data-privacy-is-lacking-in-your-business-know-how\" \/>\n<meta property=\"og:site_name\" content=\"Ksolves Store Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-16T13:13:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-25T10:51:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/store.ksolves.com\/blog\/wp-content\/uploads\/2022\/02\/Data-Privacy-min.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"880\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Parul Gautam\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Parul Gautam\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/store.ksolves.com\/blog\/odoo\/data-privacy-is-lacking-in-your-business-know-how\",\"url\":\"https:\/\/store.ksolves.com\/blog\/odoo-2\/data-privacy-is-lacking-in-your-business-know-how\",\"name\":\"Why Data Privacy Is Important To Preserve Your Data Online\",\"isPartOf\":{\"@id\":\"https:\/\/store.ksolves.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/store.ksolves.com\/blog\/odoo-2\/data-privacy-is-lacking-in-your-business-know-how#primaryimage\"},\"image\":{\"@id\":\"https:\/\/store.ksolves.com\/blog\/odoo-2\/data-privacy-is-lacking-in-your-business-know-how#primaryimage\"},\"thumbnailUrl\":\"https:\/\/store.ksolves.com\/blog\/wp-content\/uploads\/2022\/02\/Data-Privacy-min.jpg\",\"datePublished\":\"2022-02-16T13:13:33+00:00\",\"dateModified\":\"2022-03-25T10:51:18+00:00\",\"author\":{\"@id\":\"https:\/\/store.ksolves.com\/blog\/#\/schema\/person\/24bfd358b29cc978fd6e7f809e28b7d2\"},\"description\":\"Improving data security and privacy is necessary for your business and personal growth. 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