Data Privacy and Compliance

Protect your privacy data and ensure compliance with our help and do it without breaking the bank.

Data Privacy

Data Privacy includes the practice of ensuring the data shared and trusted by customers and that it is only used for its regulated purposes. Data has become a digital gold mine for many companies and often times at the risk of the customer. It is your job and duty to protect the data with which your customers trust you. Your customers and clients have the right to have control over how their personal information is collected and used. This is Information Privacy. We see the issue of data privacy as one of the most significant consumer protection issues today. As companies find more ways to monetize personal data and behavioral data, Privacy Laws and ramifications to your company will only increase.

Protect Your Data and Your Customers

Data Privacy is Highly Regulated

There are a growing number of data privacy laws by state. US data privacy laws are created per state and regulated at the federal level. The California Consumer Privacy Act (CCPA) and the New York Privacy Act (NYPA) are both examples of privacy laws enacted on a state level. These acts affect all companies that may potentially collect personal information from any citizen of that state It is your job as a Data Privacy Officer or Compliance Officer within your organization to ensure policies, practices and programs comply with these laws. It is becoming an ever-changing landscape in the arena of data collection. Data Privacy laws and requirements are getting more complex as different states enact their own respective laws.

Why Should You Care About
Data privacy and Compliance?

The fines and penalties written into data privacy laws and regulations can be costly. For example, penalties issued from the California Attorney General for violating the California Consumer Privacy Act (CCPA) can be as high as $2500 to $7500 per violation. Individuals may also have a right to sue organizations “in the event of a data security breach that results in unauthorized access and exfiltration, theft, or disclosure of the individual’s personal information.” The statute allows them to seek up to $750 per violation but we know that class-action-lawyers are expected to test the limits of this. Don’t let it be at your expense.

Data Privacy Vs. Data Security

To show the difference of these two topics, it is important to point out that data security and data privacy both are two sides of the same coin and both govern the control of the user’s data. However, both play two very distinct roles. Data security is defined by policies and procedures that protect sensitive data and user information from unauthorized access. Your data policies should reflect measures that govern the storage and access of sensitive data.

Data privacy principles are the policies and procedures governing who may access the data. This doesn’t only address those outside your company but also those inside your organization or department that have been granted authorization. It’s important to note that it is very possible to have robust security measures and policies without ever addressing data privacy. That said, data privacy is not possible without proper data security.