Video: Confidentiality vs. Privacy

In this lesson, Nick Palazzolo, CPA, clarifies the often-confused concepts of confidentiality and privacy, detailing their distinct meanings and applications, particularly in the context of security and data protection. He starts by defining confidentiality as the safeguarding of sensitive information to ensure it's accessible only to authorized individuals, using examples from healthcare and business to illustrate how breaches can occur and the protective measures typically employed. Nick then contrasts this with privacy, which he describes as the individual's right to control access to their personal information. He provides insights into how privacy regulations like the GDPR empower individuals in the EU, emphasizing the broader scope of privacy compared to confidentiality. Throughout the lesson, Nick underscores the legal and ethical frameworks that support both concepts, helping to distinguish between their applications in various professional and personal contexts.