How can companies effectively balance the need for protecting customer information with the demand for efficient communication and collaboration within their organization?

Regular Security Assessments
Companies can effectively balance the need for protecting customer information by implementing strong cybersecurity measures, such as encryption and access controls. They can also establish clear policies and procedures for handling sensitive information and provide training to employees on data security best practices. Additionally, companies can utilize secure communication and collaboration tools that allow for efficient sharing of information while still maintaining data privacy and security. It is important for organizations to regularly assess and update their security measures to stay ahead of potential threats and ensure the protection of customer information.