Definition: Data privacy risks refer to the exposure of personal, sensitive, or confidential information
due to its digital collection, storage, or transmission. These risks can lead to identity theft, financial loss
and reputational damage.

Examples:
1. Equifax Data Breach (2017): A cyberattack exposed the personal data of 147 million Americans, including Social Security numbers, birthdates, and credit card info.
2. Facebook-Cambridge Analytica Scandal (2018): Personal data from millions of users was harvested without consent and used for political advertising.
3. Google Street View (2010): Accidentally collected personal data from home Wi-Fi networks.

Consequences:
Identity Theft: Stolen personal data used for fraud.
Trust Loss: Data breaches damage consumer trust.
Manipulation: Data misused for targeted ads or political influence.

Solutions/Protections:
Encryption: Safeguard data with encryption.
Minimize Data Collection: Only collect necessary data.
User Awareness: Educate users on data risks and consent.