Reliability of Data Protection
Data protection reliability refers to methods to ensure that personal data is collected legally and stored in a secure manner, never shared with others or used in violation of an individual’s rights. It includes everything from ensuring that data collection tools conform to industry standards, educating data collectors and establishing clear guidelines for data management.
It is important to differentiate between data reliability and validity, since they have different implications for business. Data reliability is about the consistency of the data (such that the same results can be achieved by repeating the measurement) and data validity is concerned more with accuracy (such as if it accurately measures what it was supposed to measure).
Unreliable data could have a number of adverse consequences. If a company is relying on unreliable data for making decisions, it could end up spending money or investing in non-profitable initiatives. It can also undermine trust between customers, employees, and partners. In some cases the use of unreliable data could have legal or regulatory implications.
Improving data reliability is a complicated task however, there are numerous methods to achieve this. Implementing standard methods, training the data collectors and supplying reliable tools are some of the most effective strategies. It is also important to establish feedback loops that allow users to identify any errors. It’s also essential to ensure integrity of data by ensuring that all systems are properly backup and that backup and recover processes work as intended.