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Glossary › Data Privacy Risk
What is Data Privacy Risk ?
Data privacy risk arises when personal data is collected or processed without proper safeguards, consent, or regulatory alignment. It evaluates lawful use, purpose limitations, vendor controls, and data minimization. In TPRM, privacy risk determines whether third parties process personal data responsibly.
FAQs
Is privacy risk the same as security risk?
No, privacy evaluates lawful use while security focuses on protection.
How do vendors increase privacy risk?
By processing data without adequate safeguards or clarity.
Should privacy risk be continuously reviewed?
Yes, especially when vendor scope or data flows change.
Responsible-AI TPRM Guide
Discover how risk teams apply AI responsibly to reduce third-party blind spots and stay audit-ready across global regulations.