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What is Data privacy?

Data privacy: Protecting personal information from misuse.

Where Data privacy fits

Data privacy is part of Ethics & Governance in Law & Ethics. Ethics and governance keep a company trustworthy: compliance, transparency, conflict-of-interest rules, whistleblower channels and fair treatment of stakeholders.

Practical tip

When in doubt, disclose, ask compliance and pick the honest option.

Related terms

Corporate governance
The rules and bodies that direct and control a company.
Conflict of interest
When personal gain could bias a business decision.
Corporate social responsibility
A company's duty to act well toward society and the planet.
Risk management
Finding, ranking and reducing threats to a business.
Whistleblower
Someone who reports wrongdoing inside an organization.
Bribery
Offering something of value to gain an unfair advantage.
Insider trading
Trading shares using secret information.
Compliance
Following the laws and rules that apply to a business.

Formulas you will use with it

Profit margin

Test yourself

Which term means: “Protecting personal information from misuse.”?

Conflict of interest · Compliance · Data privacy

Answer: Data privacy

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