Here is a break down of each component for data privacy vs data security and gives the idea of how the system of information security works.
Yes, it can be confusing in telling the difference between data security and data privacy. But it’s pretty crucial for company owners to get an idea of differentiating the two before deciding to invest in either data privacy or data security.
According to dataprivacymanager.net(1), 45% of respondents from a Cisco Privacy Survey indicated that the federal government is responsible for their data via data privacy. As for companies, 21% of respondents from the same survey believe that companies should be held responsible for protecting their data privacy. Aside from that fact, what does this all really mean for data privacy? It would generally refer to the right of privacy for an individual and how it’s being properly managed.
As for data security, it’s the protection of personal data from malicious attacks and other ways of exploitation by third parties. If you think about it, businesses who have efficient data security within their system, wouldn’t it be deemed as reliable? That would be the case for 84% of customers part of a research conducted by Salesforce(2). It’s been said that customers who shop or subscribe to businesses or companies with strong security controls are more loyal than customers who didn’t feel as safe with weak data security systems.
Nonetheless, we hope that our slightly long introduction didn’t bore you just yet. I mean, aren’t you curious to learn what both types of protection have to offer? You don’t want to miss out on this type of information between data protection and data security.