Businesses are under pressure to modernize their workplace and upgrade technology to stay digitally competitive. With these updates, businesses are required to abide by data privacy regulations, which are ever-evolving and enforced locally as well as globally. As a business owner, how are you managing your data privacy regulations to stay compliant? Here’s how you can better understand what regulations you must abide by and how your company can stay compliant in this fast-paced environment.
What Do You Need to Know About Data Privacy Regulations?
Currently, the United States does not have a set standard of laws that covers all privacy data. Instead, there is a mix of laws that cover different topics and regulations. So as a business owner, how do you know which regulations are relevant? According to the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), there are some strict privacy laws aimed at protecting consumers with the data they share.
Some of these strict laws have basic rights that companies need to follow according to the GDPR. Under these rights, consumers have:
- The right to access
- The right to be forgotten
- The right to data portability
- The right to be informed
- The right to have information corrected
- The right to restricting processing
- The right to object
- The right to be notified
These set of rights put the consumer in the driver’s seat, and the task of complying with these rights and regulations falls upon the business. If you don’t meet these standards, then you are failing to comply.
How Your Business Can Stay Compliant
No matter the industry, businesses need to meet compliance standards when protecting consumer data. Are you keeping up with these compliance requirements? Here is a quick list of things your company can take advantage of to ensure that you are meeting these needs.
- Determine what data you need to keep: Keeping unnecessary data can put your business at risk. Have a process in place to safely clean your data and keep what you need protected.
- Put security measures in place: How is your cybersecurity posture? By developing and implementing safeguards throughout your infrastructure, you can help protect important data from breaches.
- Establish procedures for protecting personal data: Do you have a process in place if your business were to experience a cyberattack? Creating a strong backup and recovery process is your key to avoiding downtime and helping protect your client’s sensitive data.
- Protect your information in the cloud: Many employees have access to sensitive data from all locations. It’s imperative that you put protocols in place to protect that information.
Understanding data privacy regulations can be confusing, but it doesn’t need to be. By partnering with an IT expert, you know you’ll be in good hands. If you would like assistance in navigating regulations and compliance, reach out to CyberTrust IT today. We’ll make sure to get your business up to speed.