Privacy Compliance for Organizations

Privacy compliance is the act of protecting the privacy of data that is collected by an organization. It is particularly important in the age of big data since it is more difficult to protect personal information if it has been collected by a company for years and stored on electronic databases. Privacy compliance includes keeping only the amount of personal data that you need, not sharing or selling any information about customers or employees without their consent, and deleting any information you do not need anymore.

Avoiding penalties of noncompliance with data protection laws is of prime importance for organizations. To mitigate risks, they need to plan and identify the possible threats that can lead to data breaches.

Many different compliance frameworks are in place to ensure that organizations comply with the various rules and regulations. These frameworks help them understand what is expected out of them, what needs to be done, and the duration within which it should be accomplished.

Data Security

Data security and privacy compliance are two sides of the same coin. Data security is the protection of data from unauthorized access; it is a set of measures that help to ensure that data is protected from loss or theft. Privacy compliance, on the other hand, involves meeting legal requirements such as those outlined in GDPR (the General Data Protection Regulation) and other national laws such as HIPAA (Health Insurance Portability and Accountability Act).

A company’s privacy policy should reflect its data collection and use practices. A company should also detail what information it collects about its customers and how it uses that information. It should also provide a list of all third parties with whom it shares customer data so customers know who might have access to their personal information.

In the age of big data and data breaches, privacy compliance gaps are a serious concern. Organizations need to make sure that they are not making these mistakes when it comes to privacy.

- Know your customer - According to European Union's GDPR, organizations have a responsibility to know their customers' data protection needs and they must take all reasonable steps to keep them informed of how they process their data.

- Privacy by design - Privacy by design is a concept that states that privacy should be built into any system from the very beginning, rather than being something that is put on as an afterthought or add-on.

- Only collect what you need - Simply collecting more information on individuals than you need is one of the most common privacy compliance gaps

Organizations are focusing more on data security and compliance services since they are the ones who regulate the privacy of their employees and customers. The increased awareness is mainly because of data breaches that have happened in recent years.

Organizations are becoming more aware of the risks that come with sharing sensitive data.

One of the recent trends for companies is to implement a privacy by design approach to their technical design. Privacy by design starts with security and protection at the beginning, which means that they should not release any product or service if it does not comply with privacy regulation standards.

A major concern for organizations is having a process in place to manage all of their sensitive data, as well as how it is protected and used. One way organizations can do this, as well as monitor data breaches, is through encryption software.