Author: John Story
Publisher: Built In
Publication Year: 2021
Summary: The following article discusses how successful businesses understand that transparent data practices build consumer trust and confidence. Now, more than ever, companies are creating a Chief Data Ethics Officer (CDEO) position. They are responsible for ensuring that all aspects of data collection, even the destruction of data, follow legal and moral guidelines. Data ethics should be a main function within businesses, not something that is assumed all data scientists use. Furthermore, establishing a way to measure the degree to which ethical standards are used for data collection is pertinent.