The impact of data protection regulations on business analytics

The emergence of data protection regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) has reshaped the business analytics landscape. These laws impose stricter controls on data collection, storage, and processing, directly influencing data availability and analytical performance across industries. This paper explores the impact of these regulations on key sectors, including e-commerce, healthcare, and financial services, through a detailed analysis of regulatory challenges, compliance strategies, and innovative solutions. Findings indicate that while these regulations have introduced significant constraints, they have also spurred advancements in privacy-preserving technologies and fostered consumer trust. The paper concludes with actionable recommendations for businesses to maintain compliance while leveraging analytics for competitive advantage.

Authors

Publication Details

Journal
World Journal of Advanced Research and Reviews
Published
2024-11-24
DOI
https://doi.org/10.30574/wjarr.2024.24.2.3503
Citations
4
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
2.11
Controls
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article

The impact of data protection regulations on business analytics

Md. Hasibul Islam, Jafrin Reza, Md Sultanul Arefin Sourav
4 citations
World Journal of Advanced Research and Reviews
Big Data and Business Intelligence
2.11
article

The impact of data protection regulations on business analytics

Md. Hasibul Islam, Jafrin Reza, Md Sultanul Arefin Sourav
article en
4 citations

Abstract

The emergence of data protection regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) has reshaped the business analytics landscape. These laws impose stricter controls on data collection, storage, and processing, directly influencing data availability and analytical performance across industries. This paper explores the impact of these regulations on key sectors, including e-commerce, healthcare, and financial services, through a detailed analysis of regulatory challenges, compliance strategies, and innovative solutions. Findings indicate that while these regulations have introduced significant constraints, they have also spurred advancements in privacy-preserving technologies and fostered consumer trust. The paper concludes with actionable recommendations for businesses to maintain compliance while leveraging analytics for competitive advantage.

World Journal of Advanced Research and ReviewsVol. 24(2)
Openalex Percentile: Top 10%
Big Data and Business Intelligence
2.11
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The impact of data protection regulations on business analytics — Md. Hasibul Islam, Jafrin Reza, et al. · World Journal of Advanced Research and Reviews (2024) | TGRS Research Map | TGRS