IT IS A REQUIREMENT OF THE LAW
Moreover, the EU has increased the number of fines that can be imposed, regardless of where the organization is based
BUILD A TRUSTING RELATIONSHIP WITH CUSTOMERS AND CLIENTS
Being truthful with the users is the most significant general justification. Giving your clients and customers a clear picture of how and when you use their personal data makes them feel better.
TO MAKE A PROFIT
Predictably, leaning on the side of safety and providing customers with whatever helps them feel safe would help you immediately increase your revenue. As per a study, when you are transparent and forthright with your visitors, you can convert those visitors into customers.