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What is 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 Warehouse
Data warehouse refers to a centralized system designed for reporting and analytics, integrating data from multiple sources. It supports structured queries, historical analysis, and business intelligence applications, enabling organizations to make data-driven decisions.
AI trust paradox
The AI trust paradox highlights the contradiction between the increasing capabilities of AI and the growing distrust from users. While AI can enhance efficiency and decision-making, concerns over bias, explainability, and control contribute to skepticism.
Transaction data
Transaction data is information recorded during financial, commercial, or online transactions. It includes timestamps, payment details, and product purchases, making it essential for fraud detection, customer analytics, and business intelligence.

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