For any business, a privacy strategy is an important part of the overall security and compliance framework. A privacy strategy sets out how your organization will collect, use, store, protect and process personal information. It should include details such as what types of data are collected, how it is stored and protected, who can access the data and under what circumstances, when data can be shared, and other related topics.
Your privacy strategy should also outline the steps to take if a data breach occurs, including how you will respond to customers or employees affected by the breach, what measures will be taken to strengthen security procedures in order to prevent future breaches and any notifications that must be made according to applicable laws. This will help ensure that your organization is prepared should a data breach occur and that you are taking the necessary steps to protect customer or employee data.