As businesses devote
their energies to collect and manipulate consumer data for competitive advantage
there has not been an easy, instantly recognisable way to show that an organisation
can be trusted to use personal data in an ethical way. In the main consumers
tend to gravitate towards companies they trust. Having a recognised ethical mark
would help consumers make their choices separating the trustworthy brands who
share their values.
“Trust and privacy are becoming major causes
of concern and consumers are losing confidence that businesses will use their
data for legitimate purposes” said Jane Frost chief executive at the Market
Research Society recently. She advocates
for companies to get the “fair data” accreditation. www.fairdata.org.uk. Once obtained this accredited mark shows customers that the
organisation is ethical, transparent and responsible. To become accredited an organisation needs to
abide by 10 Fair data principles
, and in time it is hoped that the Fair
Data mark will become as recognisable and trusted as the Fairtrade mark.
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