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What is Data exchange?

Data exchange is the process of transferring information between systems, organizations, or platforms while ensuring security and compliance. It involves structured data sharing through APIs, cloud storage, and interoperability frameworks, facilitating collaboration and real-time decision-making across industries such as finance, healthcare, and government services.

Privacy Impact Assessment
A Privacy Impact Assessment (PIA) is a process used by organizations to evaluate potential privacy risks associated with data processing activities. It helps businesses comply with privacy laws, identify vulnerabilities, and implement safeguards to protect personal information.
Data protection
Data protection refers to the policies, technologies, and practices that safeguard data from unauthorized access, loss, or corruption. It includes encryption, backup solutions, and legal compliance measures such as GDPR and CCPA. Organizations implement data protection strategies to maintain privacy, secure intellectual property, and prevent cyber threats.
EU-US Privacy Shield
The EU-US Privacy Shield was a data transfer framework allowing businesses to transfer personal data between the European Union and the United States while maintaining privacy protections. It was invalidated in 2020 by the Court of Justice of the European Union due to concerns over US surveillance practices and insufficient safeguards for EU citizens’ data.

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