As of February 2020, 128 of the world’s 190-plus countries had a form of data privacy legislation in place*. The situation can seem overwhelming to the many businesses that no longer exclusively operate in one jurisdiction.
All those data privacy regulations are aimed to be pro-consumer. But pro-consumer doesn’t have to mean anti-business. And independent data anonymisation can take data from potential liability to enhanced asset.
In the absence of a global data privacy standard, this report, co-authored by Mastercard and Truata, explores how the multitudinous data privacy laws need no longer leave businesses with a chalky aftertaste.
* “Data Protection and Privacy Legislation Worldwide.” The United Nations Conference on Trade and Development, February 2020.