Last updated: June 15 2022

Protecting Client Privacy is Ethically and Morally Essential in Business

In the digital era of networking and cyberspace, establishing ethical standards for privacy is especially urgent.  The collection of your client’s very personal and financial information, usually through electronics has brought privacy to the forefront of everyone’s mind.  The people submitting the information and those collecting the information should be extremely concerned about privacy protection and compliance. 

Whether you have an existing privacy program or are looking to establish one, now more than ever, it is important and it is a good time to review how your organization handles sensitive information. Protecting personal information from your clients and employees is both legally required, and the right thing to do.  It is time for you and your business to demonstrate its’ privacy commitment to your clients.

In our “Privacy Principles in Business course, we will teach some of the considerations and requirements for privacy-related ethics. This course will introduce you to your obligations towards management of personal information in your possession. This includes but is not limited to identifying the best practices in relation management of collection, use, storage, retention, and destruction of personal information so as to build credibility and reputation in your business.

Canadian Anti-Spam Legislation (CASL) is a Federal Law. It is important to discuss CASL alongside Privacy as it is important for the business to be aware if they are compliant with both Privacy legislations and CASL.  We teach all about this in chapter nine of our course and it is must-have information in this digital world we live in. Anybody who collects, retains and stores personal information through their business should definitely invest in the protection of their business by complying and learning all there is to know about privacy principles in business.

All legal consequences are important but maintaining and upholding privacy standards are more than just the law. Executive leadership should show support for privacy protection initiatives and the overall privacy program. Protecting clients from accidental exposure is ethically and morally the right thing to do. An organization that is committed to protecting clients from potential privacy breaches can ensure that their reputation stays intact while attracting better quality employees as well. This can also lead to better credibility overall within your industry and community.

Major issues could arise from ignoring the ethical duty to protect personal information but most of those can be mitigated with a committed privacy program in place which can save businesses and organizations from regulatory compliance issues as well as help them avoid damage to their reputation.

The most important take-away should be that an ethical commitment to protecting personal information will pay dividends to the companies willing to make the investment.

Course Content:  

  • Chapter 1 | Introduction to Privacy
  • Chapter 2 | Applications in Your Business
  • Chapter 3 | Privacy Risk Management – Principle of Accountability
  • Chapter 4 |Privacy Risk Management – Identifying Purpose
  • Chapter 5 | Privacy Risk Management – Consent
  • Chapter 6 | Privacy Risk Management – Limiting Collection
  • Chapter 7 | Information Security Risk – Part I
  • Chapter 8 |Information Security Risk – Part II
  • Chapter 9 | Responsible Innovation (allowable use of data)
  • Chapter 10 | Privacy in Artificial Intelligence

Our outstanding certificate course, Privacy Principles in Business is a “must do” for any and every business that collects personal and financial information from their clients and now you can earn 10 compliance credits from IIROC by completing this cutting-edge course and save $100 on regular tuition (you pay just $795), only until June 30!