Philipp Rosenauer
Partner Legal, PwC Switzerland
Data protection is an opportunity for companies in many ways. The value of data is well known. It’s an almost inexhaustible resource that can be used repeatedly and holds gigantic potential for innovation and growth. However, in order for this potential to be fully exploited, certain basic requirements must be met. This is precisely where the difficulty often lies. In the following article, we’d like to show some examples of how the right data protection system can reduce your expenses and increase your profitability.
Data protection is a topic of increasing relevance. In business as well as in politics and society, awareness of and demands for the issues and problems involved are constantly increasing. In order to meet the resulting requirements, companies have to incur considerable expenses and expend a tremendous amount of effort.
Dynamic and flexible solutions are needed. Data protection systems must be designed in such a way that they can adapt to new circumstances quickly and efficiently – and without incurring high costs and effort – and are ready for use. They must be able to deliver maximum protection for businesses, as well as customers, without hindering innovation and the ability to leverage data.
In the following, we’d like to show you various examples of where you can save costs and effort:
In summary, so much more can be achieved through the right data protection system than simply being compliant with legal requirements. Data protection is a living and dynamic field and should be treated as such in its application. If you do this, you can achieve a lot. Our experts at PwC not only help your company implement and maintain such a system, tailored to your needs and those of your clients, we also help you familiarise, sensitise and train your employees.
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