Organisations are legally and ethically obligated to protect the data of their users. Negligent handling of user data opens up the organisation to fines or lawsuits from its users. In Europe and the UK, users own their data, giving them the right to revoke access or alter it when the organisation stores it. This risk to the user's data and the organisation arises because user data holds value for both.

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Source: Security Boulevard
Source Link: https://securityboulevard.com/2023/11/what-is-data-protection-by-design/