Data privacy has been thrust into the limelight with the passage of the General Data Protection Regulation in Europe last year and a string of high-profile consumer privacy snafus. The National Institute of Standards and Technology has plans to help companies address data privacy with the development of a Privacy Framework, which is due to be finalized by October.
The framework’s development is very much a work in progress. So far it has emerged as a modular, volunteer enterprise risk-management tool, meant to help companies protect consumer privacy while protecting business imperatives.