How can companies effectively balance the need for data privacy and security with the convenience and efficiency of technology in their day-to-day operations?

Companies can effectively balance the need for data privacy and security with the convenience and efficiency of technology by implementing robust security measures such as encryption, firewalls, and access controls. They should also regularly update their security systems and provide training to employees on best practices for handling sensitive data. Additionally, companies can use data minimization techniques to only collect and store the data necessary for their operations, reducing the risk of a data breach. By prioritizing data privacy and security while leveraging technology for efficiency, companies can maintain a strong balance between the two.