The 3 Ways of Ensuring Compliance with Data Privacy Regulations
The changing compliance landscape has made it necessary for organizations to stay up to date with the regulations or face dire penalties from regulatory agencies.
FREMONT, CA: The California legislature recently passed stringent data protection regulations to govern the use of customer data by tech giants. Lawmakers in several other states are considering new proposals to give citizens more power over their personal data collected by business organizations.
The rapid advancement in technology and consequent data breaches has birthed a wave of regulations around the world. The cyberattacks have devastated many organizations across multiple industries, affecting millions of customers and costing corporate billions of dollars. The increase in high-level publicized breaches over the last few years has laid bare the consequences of data mismanagement. However, cybersecurity is not the only concern of businesses. The emergence of new regulations has made it imperative for organizations to exercise caution when handling customer data.
Constant Vigilance
Not many months have passed since France fined Google $56.8 million for not complying with the general data protection regulation (GDPR). Although it was aware of what the law implied, the tech organization failed to accommodate the regulations in its operations, thus violating the data privacy laws. The consequence of delaying the relevant changes cost the tech giants a fortune. However, a startup with high overheads would not stand a chance. Hence, it is imperative to be vigilant for compliance and make relevant changes when required.
Systematic Audits
Organizations need to conduct regular data audits to monitor the storage and use of customer data. The data assets prone to breaches include customer relation management software, point-of-sale purchase information, email marketing tools, company servers, and other platforms. Hence, it is necessary to have platform-specific security measures to protect the data.
Regular Updates
Organizations should keep updating their data reserves, erasing unnecessary information, and minimizing the areas for potential attacks by cybercriminals. The security teams need to make the latest patches for their software to secure their platforms against cyberattacks. Also, it is advisable to maintain relevant certificates for their technologies to ensure compliance with regulations.
Check Out: Top Compliance Technology Companies
Featured Vendors
EDITOR'S PICK
The IT World: An Ever Changing Place With Constant...
By Pete V. Sattler, VP-IT & CIO, International Flavors &...
Deploying In-Memory Capabilities To Meet Tomorrow's...
By Benjamin Beberness, CIO, Snohomish County PUD
Tech Provider, Delivery Partner or Both?
By Gary Watkins, CIO of IT Shared Services, KAR Auction...
Technology Helps Supply Chain Embrace Uncertainty
By Tonya Jackson, VP Global Supply Chain, Lexmark
From Bean Counter to Propeller Head: Lessons Learned by a...
By Chad Lindbloom, CIO, C.H. Robinson
Efficient Ways to Manage Data and Make Effective Decisions
By Ryan Fay, CIO, ACI Specialty Benefits
Democratizing IT Technologies to Improve Sales...
By Kris Holla, VP& CSO, Nortek, Inc.
The Cloud (still)Doesn't Support VoIP
By Shawn Wiora, CIO & CISO, Creative Solutions In Healthcare
AI and the Future of Field Service: Moving from...
By Michael Alcock, Director-CIO Executive Programs &...
Revolutionizing Industrial Mining through Smart Tools
By Jeff Bauserman, VP-Information Systems & Technology,...
Virtualize, Cloud, Mobile First
By Wes Wright, CTO, Sutter Health
Performing as a Turnaround CIO Artist, It's Not Magic...
By Peter Ambs, CIO, City of Albuquerque
By Mark Ziemianski, VP of Business Analytics, Children's...
The Highway's Jammed With Broken Heroes on A Last Chance...
By Jonathan Alboum, CIO, The United States Department of...
AI Can Improve Patient Outcomes, but will Pharma Get...
By Ryan Billings, MS, MBA, Executive Director, Digital...
Creating a New Productive Work Environment
By Christina Clark, Managing Principal, Cresa
Blockchain and The Law: How a Simple Project can get...
By Evan Abrams, Associate, Steptoe & Johnson LLP
Scope of IT Services in Today's Business Landscape
By Holly Baumgart, Vice President-Information Technology,...
Digital Transformation in an Ever Changing World
By Melissa Douros, Director of Digital Product Management,...
The Digital Transformation of the Insurance Industry
By Andrew Palmer, SVP & Chief Information Officer, U.S....