What does "Privacy by Design" aim to achieve?

"Privacy by Design" is a concept that aims to embed privacy into the core of technology and business practices from the outset, rather than as an afterthought. This principle emphasizes that privacy should be considered and integrated into the development process of technologies, products, and services. By doing so, organizations can proactively address potential privacy risks, ensuring that individuals’ personal information is protected throughout the data lifecycle.

The objective of integrating privacy considerations early on is to create more robust systems that prioritize user consent, transparency, and user empowerment. This proactive approach leads to better compliance with privacy regulations and builds trust with customers, as their privacy rights are respected and safeguarded effectively.

In contrast, the other options either suggest a disregard for privacy rights, like collecting data without consent, or focus on cost minimization and regulatory reduction, which do not align with the principles of "Privacy by Design." The emphasis is on a fundamental shift in how privacy is perceived and implemented, making the correct answer unequivocally aligned with the goal of achieving a comprehensive consideration of privacy in all relevant processes.