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Innovation

Bankia and Kreab launch a work team at Cotec on Privacy and Digital Ethics

The objective is to generate a decalogue of good practices regarding privacy and ethics regarding the management of the personal data of the clients of the companies.
 

Communication Bankia

By  Communication Bankia

Publish on 
19 September 2019 - 16:00

  • The conclusions will be reflected in ten good practices for obtaining and managing data responsibly

Bankia and Kreab have promoted the creation of a Work Team on Privacy and Digital Ethics at the Fundación Cotec for Innovation, which has already held its first meeting to define the strategic lines it will address.

The objective of this team is to analyse and propose a digital privacy and ethics model that includes good practices for aspects such as the management of customer personal data by companies.

This way, trends, opportunities, challenges and responsibilities will be studied with a focus on privacy. There will be a debate about digital ethics in Spain along with possible actions in the short, medium and long term.

The corporate director of Regulatory Compliance of Bankia and coordinator of the work team, Juan Manuel Casco, underlined that "the real challenge is for companies to adopt a strategy aimed at transforming the management of data privacy into a competitive advantage in the digital era, while maintaining a strict code of ethics”.

For Xavier Cima, digital policy director of Kreab, "understanding what we can and cannot do regarding data management is going to help companies to focus on people, generating trust and establishing a direly needed model of digital ethics. Cotec gives us the key to working with the best experts in this environment, launching this work team led by Bankia and Kreab, in which some of the world’s leading companies participate".

The group consists of representatives of public and private entities, such as Ayming España, Madrid City Council, BBVA, CaixaBank, ClarkeModet, Google Spain, Instituto Valenciano de Competitividad Empresarial (Ivace), Mapfre, Mercadona, Orange, Primafrio, Repsol, Telefónica and TMC.

Four phases have been established to carry out the work of this group. The first one is the kick-off or preparation stage of the team and the project, the second is the diagnosis and analysis of the situation, the third will focus on the preparation and holding of meetings of the work team and, in the last one, the results will be prepared and published.

The conclusions will be reflected in a decalogue of good practices that aspires to become a fundamental tool, in a context in which companies have to design their digital ethics strategies, to deal responsibly with the challenges and opportunities that arise from obtaining and managing data.

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