Achieving Privacy : Costs of Compliance and Enforcement of Data Protection Regulation

Achieving Privacy : Costs of Compliance and Enforcement of Data Protection Regulation

Is privacy a luxury for the rich world? Remarkably, there is a dearth of literature evaluating whether data privacy is too costly for companies to implement, or too expensive for governments to enforce. This paper is the first to offer a review of...

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Main Authors: Chander, Anupam, Abraham, Meaza, Chandy, Sandeep, Fang, Yuan, Park, Dayoung, Yu, Isabel
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
DATA PRIVACY
DATA REGULATION
DATA PROTECTION
GLOBALIZATION
TRADE
WDR BACKGROUND PAPER
Online Access:http://documents.worldbank.org/curated/en/890791616529630648/Achieving-Privacy-Costs-of-Compliance-and-Enforcement-of-Data-Protection-Regulation
http://hdl.handle.net/10986/35306
id okr-10986-35306
recordtype oai_dc
spelling okr-10986-353062022-09-20T00:08:57Z Achieving Privacy : Costs of Compliance and Enforcement of Data Protection Regulation Chander, Anupam Abraham, Meaza Chandy, Sandeep Fang, Yuan Park, Dayoung Yu, Isabel DATA PRIVACY DATA REGULATION DATA PROTECTION GLOBALIZATION TRADE WDR BACKGROUND PAPER Is privacy a luxury for the rich world? Remarkably, there is a dearth of literature evaluating whether data privacy is too costly for companies to implement, or too expensive for governments to enforce. This paper is the first to offer a review of surveys of costs of compliance, and to summarize national budgets for enforcement. The study shows that while privacy may indeed prove costly for companies to implement, it is not too costly for governments to enforce. This study will help inform governments as they fashion and implement privacy laws to address the “privacy enforcement gap”—the disparity between the privacy on the books, and the privacy on the ground. 2021-03-25T14:21:23Z 2021-03-25T14:21:23Z 2021-03 Working Paper http://documents.worldbank.org/curated/en/890791616529630648/Achieving-Privacy-Costs-of-Compliance-and-Enforcement-of-Data-Protection-Regulation http://hdl.handle.net/10986/35306 English Policy Research Working Paper;No. 9594 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DATA PRIVACY
DATA REGULATION
DATA PROTECTION
GLOBALIZATION
TRADE
WDR BACKGROUND PAPER
spellingShingle DATA PRIVACY
DATA REGULATION
DATA PROTECTION
GLOBALIZATION
TRADE
WDR BACKGROUND PAPER
Chander, Anupam
Abraham, Meaza
Chandy, Sandeep
Fang, Yuan
Park, Dayoung
Yu, Isabel
Achieving Privacy : Costs of Compliance and Enforcement of Data Protection Regulation
relation Policy Research Working Paper;No. 9594
description Is privacy a luxury for the rich world? Remarkably, there is a dearth of literature evaluating whether data privacy is too costly for companies to implement, or too expensive for governments to enforce. This paper is the first to offer a review of surveys of costs of compliance, and to summarize national budgets for enforcement. The study shows that while privacy may indeed prove costly for companies to implement, it is not too costly for governments to enforce. This study will help inform governments as they fashion and implement privacy laws to address the “privacy enforcement gap”—the disparity between the privacy on the books, and the privacy on the ground.
format Working Paper
author Chander, Anupam
Abraham, Meaza
Chandy, Sandeep
Fang, Yuan
Park, Dayoung
Yu, Isabel
author_facet Chander, Anupam
Abraham, Meaza
Chandy, Sandeep
Fang, Yuan
Park, Dayoung
Yu, Isabel
author_sort Chander, Anupam
title Achieving Privacy : Costs of Compliance and Enforcement of Data Protection Regulation
title_short Achieving Privacy : Costs of Compliance and Enforcement of Data Protection Regulation
title_full Achieving Privacy : Costs of Compliance and Enforcement of Data Protection Regulation
title_fullStr Achieving Privacy : Costs of Compliance and Enforcement of Data Protection Regulation
title_full_unstemmed Achieving Privacy : Costs of Compliance and Enforcement of Data Protection Regulation
title_sort achieving privacy : costs of compliance and enforcement of data protection regulation
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/890791616529630648/Achieving-Privacy-Costs-of-Compliance-and-Enforcement-of-Data-Protection-Regulation
http://hdl.handle.net/10986/35306
_version_ 1764482759018938368

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