Which principle emphasizes the importance of informing individuals about data collection and use?

The principle that emphasizes the importance of informing individuals about data collection and use is the Notice principle. This principle is fundamental to privacy practices and emphasizes transparency in how personal data is handled. It ensures that individuals are made aware of what personal information is being collected, for what purposes, how it will be used, and to whom it may be disclosed.

By providing clear and understandable notices, organizations can enable individuals to make informed decisions regarding their personal data. This aligns with the concept of informed consent, where individuals have the right to know significant details related to their data before agreeing to its collection and use. This principle helps build trust between organizations and individuals while also ensuring compliance with privacy laws and regulations, which often require organizations to provide notice regarding data practices.