Understanding the term itself is the first step in order to be able to fully grasp its concept and how it is applied. Data Protection and Data Privacy, being synonymous to each other, are always most likely to be interchanged. However, no matter how interconnected these both are, the two have different meanings and applications as to how it is used when it comes to protecting your data.
Data Protection is the technical process of safeguarding your data from potential losses and breaches, may it be confidentiality breach, transparency breach, or even integrity breach. With the rapid increase of data everyone processes nowadays, making sure that you have the proper and up-to-date data protection protocols will ensure your data is kept from harm, loss, and destruction.
Data Privacy focuses on the legal aspect of data security that is concerned with the proper handling of data involving consent, notice, and regulatory obligations.
Data Protection focuses on the tools on how to enforce the policies and procedures set in place by Data Privacy which includes the prevention of unauthorized access by setting up rules and regulations embodied in your privacy manuals, privacy consent, and privacy notices.
Data Protection ensures that your data is safeguarded from unlawful access by unauthorised persons. It is about keeping threats and breaches at bay. Data Privacy is about what authorized persons who processed your personal data can lawfully do with your data and what recourse you can turn to when your data becomes unlawfully accessed.
To put it simply, Data Protection focuses on the mechanisms that will enable you to fully implement the scope of Data Privacy which encompasses the legal matters. Albeit different, it should be remembered that one cannot be implemented without the other. Both go hand-in-hand with each other.
Data is one of the most important assets a company has. With the continuing rise of data economy, more and more personal data shall be processed, stored, kept, and even disposed by companies. It is with the proper application of Data Protection, that protects data from compromise by external attackers and malicious insiders, and with the proper implementation of Data Privacy, which governs how data is collected, shared, and used, that a company will thrive and survive in our ever-growing data economy.