sensitive customer data

What are Some Best Practices for Collecting Sensitive Customer Data?

When collecting sensitive customer data, companies should adhere to the following best practices:
Transparency: Be transparent about why and how the data will be used.
Consent: Obtain explicit consent from customers before collecting their data.
Minimization: Collect only the data that is necessary for the intended purpose.
Anonymization: Anonymize data wherever possible to reduce the risk of identification.
Secure Storage: Use secure methods for storing collected data to prevent unauthorized access.

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