How to effectively draft Data Processing Agreements to protect information shared with service providers – Part 1
December 06, 2023
Modern businesses collect and process personal information about their customers and employees for the benefit of their business – these benefits include identifying opportunities to enhance their products or services, streamlining operations, reducing costs or maximizing profits. Processing such data is often outsourced to a third-party data processing service provider. For example, third parties may be retained to perform payroll activities, store data in a centralized location, or send targeted advertisements to consumers.