Leveraging partnerships in our complex ecosystem
Beyond our internal teams, there’s an entire ecosystem supporting our digital interactions. In today’s deeply connected world, partnerships are essential for protecting data.
From policymakers and regulators to industry and civil society, we will be able to solve the most challenging privacy issues brought on by digital transformation if we do so together. For instance, we believe there’s an opportunity to explore together how to incentivize responsible data sharing, to unlock new innovations and data for the common good, while safeguarding people’s data and privacy rights.
Data Privacy Day marks an excellent occasion to advance the dialogue on how to capture these opportunities responsibly.
Technology as part of the solution
Technology is both the factor behind the need for stronger data privacy controls and a key part of the solution. Organizations cannot overlook the need to have the right tools and technologies to minimize data privacy risks. This includes exploring privacy-enhancing technologies that allow organizations to extract value from data without exposing the data itself, with full respect for people’s privacy.
Technology is also necessary to help organizations remain agile in an environment of fast-changing regulations and risks. Having the right tools in place, including automated solutions to protect people’s data and honor their privacy rights, can help businesses accelerate and scale their compliance efforts, even in the face of fragmented global standards.
Craft your data protection approach
We invite you to view Louveaux’s speech in its entirety, and insight from other data protection and privacy leaders through the World Bank Data Privacy Day event page. Join the Mastercard Policy Center for the Digital Economy community to receive new insight, including information on upcoming initiatives and digital economy events.