I realize that how serious is tat if there is no data protection...
so y data protection regulation is needed??
we have the rights to give o not about our personal data and information to any. If there is no regulation about data protection, consumer will suffer a serious financial loss for example when our credit card data is stolen by someone. other thant that, we will also feel unsafe to do some activities. losses of privacy can also rishks the secret ballot of the democratic vote. Without regulation bout data protection, ther will be increasing losses of privacy inevitably lead to corresponding losses of personal freedom. The most valuable asset of any organization is data. Loss of data results in a significant loss of revenue. If businesses fail to safeguard information they also risk on losing the trust of their customers.
There are some ways which data will lose such as hardware disk controller failures, network connectivity or component failures, and offline power supply failures are the primary reason of data loss. another treat is the risk posed by people. individuals or groups can inflict deliberate harm. Another reason is software corruption.
so, technology plays an important role... bcuz of the fast technology development, there muz be a regulation that guarantee to prevent miss-use of technology...
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