For example, business partners want assurances from you that your processes and supporting systems are secure. They want a high level of comfort that proper controls are in place. Customers want to be certain some well-meaning but overzealous sales representative hasn't seen an opportunity to share or broker private information to third parties. Your alliance partners don't want their pricing information, customer lists, or other strategically sensitive information falling into the hands of competitors. The Consequences Of Failure Data privacy is tightly linked with the overarching idea of trust.
Trust management is a critical business issue for most organizations.
And the technologists have to be on board. Establishing rules and standards isn't limited to any particular industry or small group of industries. Every company that deals with customer information to any extent will have customers who have actual or perceived privacy issues. Privacy issues can be complex, and the consequences for not addressing them properly from the beginning can spell more than mere embarrassment or a stern lecture from the legal department. Compelling reasons exist to make sure that your organization's information technology is subject to solid, verifiable controls and that it actually practices them.