What are the Consequences of Ignoring Privacy Assurance?
Ignoring privacy assurance can have severe consequences, including:
1. Legal Repercussions: Non-compliance with regulations like GDPR and CAN-SPAM can result in hefty fines and legal actions. 2. Reputational Damage: Data breaches or misuse of subscriber information can damage your brand’s reputation, leading to loss of customer trust and loyalty. 3. Financial Loss: Apart from fines, businesses may incur costs related to data breach mitigation, legal fees, and loss of revenue due to a tarnished reputation.