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.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-11-30
DOI
https://doi.org/10.5281/zenodo.15105775
Primary Topic
Privacy, Security, and Data Protection
Type
article
Field-Weighted Citation Impact
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article

The impact of data protection regulations on business analytics

Zenodo (CERN European Organization for Nuclear Research)
Privacy, Security, and Data Protection
article

The impact of data protection regulations on business analytics

article en

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.

Zenodo (CERN European Organization for Nuclear Research)
University of Phoenix (US)
Openalex Percentile: Top 40%
Privacy, Security, and Data Protection
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