The goal for stepping up WFH data governance isn’t simply compliance but to go forward with policies and procedures that enable better results and build brand trust with consumers, business partners and others.
Data Protection
Certain types of personal data are very valuable to criminals, and can be very damaging to an individual or business if it falls into the wrong hands. As the world becomes more digital and more connected, more of this sort of data is generated and passed between various sources on a regular basis.
Government regulations and supervisory authorities aren’t just about keeping irresponsible parties in line. They also provide vital security guidance to every type of organization that handles sensitive personal, business or government information.
Data protection regulations also ensure that the end user has a transparent view of and a say in the processing of personal data. These safeguards play a significant role in everything from the preservation of civil rights to ensuring that democratic institutions function properly.
Some types of personal data are clear candidates for regulation: medical records, banking information, national ID numbers and so on. But some of these regulations also cover items that might seem relatively innocuous at first glance: home addresses, email addresses, website profile information and so on. For example, the European Union General Data Protection Regulation (GDPR) has stipulations about anything that is unique to an individual to include phone numbers and social media accounts. People have varying levels of privacy preference with these items, but they are often protected by regulation because they can be used for targeted scams and attempts at identity theft.
Given that regulations often take the size and customer count of businesses into consideration in terms of penalties and the scope of protection of personal data, compliance is particularly important for enterprise-scale organizations. You do not necessarily have to have an active business presence in a country or region; simply storing data on or moving it through servers there may subject you to their data protection rules.
The US proposal for a new EU-US data transfer framework that meets GDPR standards was drawn up in early 2022. The EDPB will now scrutinize the arrangement before passing it on to the EU member states and the European Parliament for final decisions.
The decision to scrap the data protection bill came from a parliamentary review process. IT minister Ashwini Vaishnaw has told reporters that work was already underway on a new personal data law, no doubt to the delight of big tech companies.
More than 40% of privacy tech solutions aimed at ensuring legal compliance are predicted to rely on AI over the course of the next three years says Gartner analysts.
The PIPC fine to Alibaba Group was accompanied by an order to rectify the privacy violations, along with a set of recommendations to avoid future regulatory action. About 180,000 AliExpress customers are thought to have been impacted.
GDPR is altering software development practices by forcing software development companies to take steps towards better application design and greater security.
Critics are concerned that Prop. 24 might instead create a "pay for privacy" scheme that would leave behind users of online services that are unwilling or unable to pay added fees.
Meta has issued statements indicating that a stoppage of EU-US data transfers would be "devastating" and could cause it to pull services from the region, even specifically naming Facebook and Instagram as products that could become inaccessible.
Amazon has settled a FTC privacy lawsuit involving repeated breaches of Ring video cameras by both employees and hackers. The order would require Amazon to pay $5.8 million in restitution and delete a great deal of the video it has collected over the past several years.
In this final instalment of an ongoing series on the issues that affect compliance in an ever more complex world Teresa Troester-Falklooks at how organisations can demonstrate compliance using an accountability approach.