How can companies balance the need for convenient access to customer information with the necessity of maintaining data privacy and security in an increasingly digital world?

Companies can balance the need for convenient access to customer information with data privacy and security by implementing strong encryption protocols, regular security audits, and strict access controls. They can also provide customers with clear and transparent information about how their data is being used and give them control over their privacy settings. Additionally, companies can prioritize investing in cybersecurity measures and training employees on best practices to prevent data breaches and unauthorized access to sensitive information.