There are constant reports of customers personal information being hacked by, what seems to be, international organised criminal groups. A recent data breach in the US, reported by re/code, exposed patient records.
Community Health Systems, which operates 206 hospitals in 29 states, most of them in rural communities, said today that it suffered a data breach affecting the personal information of some 4.5 million patients.
The consequence of such breaches is increasing concern about privacy by consumers, that’s you and me, and substantial financial and reputational damage to the target organisations.
The recent World Tour of the Respect Network revealed that “some businesses will actively promote or even require their customer base to get personal clouds” as they recognise the value and mutual benefits of a trusted private connection to a customer’s personal cloud. It’s just good business.
PAOGA are discussing pilots with forward looking organisations who want to take advantage of this emerging market to secure trusted relationships with their customers, employees and suppliers whilst reducing their costs and compliance risks which can result in significant fines and reputational damage.