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5 Principles of Data Ethics for Business

This article outlines five key principles for businesses to consider for collecting, managing, and using data ethically.

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Article

Last Updated

March 16, 2021

Overview

Data can be used to drive decisions and make an impact at scale. Yet, this powerful resource comes with challenges. How can organizations ethically collect, store, and use data? What rights must be upheld? The field of data ethics explores these questions.

Data ethics encompasses the moral obligations of gathering, protecting, and using personally identifiable information and how it affects individuals. Data ethics are of the utmost concern to analysts, data scientists, and information technology professionals. Anyone who handles data, however, must be well-versed in its basic principles.

This resource offers five guiding principles for business professionals who handle data.

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