Conduct A Cost-Benefit Analysis
Identify areas where you can invest a small amount—say, 10 cents—in innovative technologies that help meet privacy regulations while still generating significant revenue (say, $1.10 per customer). Such trade-offs can help reduce your liability and expedite your project’s time to market. Additionally, it’s crucial to anticipate your regulatory responsibilities to meet audit standards and regulatory expectations. – James Beecham, ALTR
