From health records to financial records, the private data of a company is guarded by a chief privacy officer. Both employees and employers are protected by this executive.
The position has the responsibility of making sure a firm adheres to federal privacy laws and regulations, while maximizing the privacy rights of employees. Workers can also turn to a CPO to learn about their company's personal privacy laws concerning their data.
A number of Fortune 500 companies -- such as IBM and Proctor & Gamble -- have realized the need for a gatekeeper and have created CPO positions. As privacy breaches grow and thieves become more clever in breaching personal and business data, many more companies are following suit.
