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Author:Parker, R. G.
Title:How to Profit by Safeguarding Privacy
Journal:Journal of Accountancy
2003 : MAY, VOL. 195:5, p. 47-53
Index terms:PRIVACY
PROFIT
INFORMATION SECURITY
Language:eng
Abstract:Protecting the privacy of confidential information is quickly becoming a measure of success in the business world-because companies improve their reputation when they take care to safeguard the personal data people entrust to them. These organizations also attract customer loyalty, and that gives them an edge over competitors who don't make privacy a priority. This article shows CPAs in industry or in public practice how they can help businesses achieve their privacy compliance goals. It also summarizes provisions of the major federal privacy laws. Companies must follow strict guidelines on the collection and use of data from their customers, clients and patients. CPAs with the right expertise can be valuable advisers on compliance to companies with deficient privacy policies.
SCIMA record nr: 247531
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