How can companies balance the need for strong data privacy measures with the convenience and efficiency of data sharing within their organization?

Companies can balance the need for strong data privacy measures with the convenience and efficiency of data sharing by implementing robust security protocols, such as encryption and access controls, to protect sensitive information. They can also establish clear policies and procedures for data handling and sharing to ensure compliance with privacy regulations. Additionally, companies can invest in technologies that enable secure data sharing, such as secure data rooms or collaboration platforms with built-in security features. By prioritizing data privacy while also enabling efficient data sharing, companies can maintain trust with customers and partners while maximizing productivity.