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Any proposed area of commercial law - Coursework Example

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Any proposed area of commercial law

A perspective shared among the technology providers and the companies collecting and mining data is that ethical, privacy-respecting practices simply make good business sense. Are there guidelines in developing privacy policies to help organizations in establishing ethical responsibilities of the organization and the data professionals? How does an organization develop a data privacy policy that provides the environment for trust on the part of the consumers? A major focus needs to be the incorporation of fair information practice principles of notice, choice, access, and security. Management and information technology professionals need to develop an understanding of how to manage data ethically and communicate the policy effectively to the consumers (Samuelson, 1999). More information and experience is needed by students and professionals in management and information technology in the development of a data privacy policy. This research project serves to provide the needed information and experience for both students and professionals. Purpose of Study Current technology makes the threats to privacy less tangible and less visible. It is difficult to know when and for what purposes individuals are being watched or information is being gathered and used for purposes that are not endorsed by the individuals. While many organizations have the capacity to collect data from consumers, businesses have a profit motive that adds a greater threat to the privacy dilemma. It is not only the continual compilation of data about individuals that poses privacy trepidation, but the ways in which data can be transformed and sold to other organizations. This consumer profiling can be misleading and damaging. If e-commerce is to succeed, businesses must work to develop a trustworthy, secure online environment. Developing a privacy policy is the first step in creating that trust. Incorporating a privacy policy into an organization requires the organization to examine its data needs, analyze its current data practices, and establish clear guidelines regarding the use of collected information. In creating a policy, an organization can build on existing corporate standards or develop new guidelines. Whether a company chooses to build from existing procedures or start anew, it is important that the necessary due diligence be undertaken to ensure that both customer and corporate needs are met. This is not a task that should be taken without due consideration. The purpose of this study is to identify and analyze online privacy policy incorporation of fair information practice principles utilizing a multiple case study approach with the goal of extending knowledge. The primary purpose of this research study is to depict an organization's privacy policy and conceptualize it. The research will also incorporate evaluation of the privacy policy. With this purpose, the goal of the research is to create a rich, thick description of a privacy policy being evaluated and identify salient constructs, themes, and patterns. Literature Review Compelling forces that are fueling the new economy drive the Information Age. Increasingly powerful computers in conjunction with sophisticated data mining techniques are giving businesses massive volumes of ...Show more

Summary

Running Head: DATA PRIVACY IN ONLINE BUSINESSES Data Privacy in Online Businesses [Name] [University] Data Privacy in Online Businesses Introduction Doing business online brings into sharp focus ethical questions about privacy and sharing data. Are information professionals in today's organizations prepared to respond to these challenging questions?…
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Any proposed area of commercial law essay example
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