Why is it Important to Protect Confidential Information?
Protecting confidential information is crucial for several reasons. Firstly, it ensures compliance with legal regulations, such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). Secondly, it helps maintain the trust of your customers, which is essential for long-term engagement and brand loyalty. Lastly, it minimizes the risk of data breaches, which can lead to significant financial and reputational damage.