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GDPR - A Key to Security and Privacy
Posted: Nov 19, 2018
GDPR provides a special protective shield for the personal data collected from clients from unauthorized access and breaches. The fine for non-compliance with GDPR is up to €20 million or 4% of world-wide yearly income – whichever is higher. The approach of an organization to their data protection practices decides the potential for substantial fines. The data privacy decisions focus on what type of personal information to collect, who all can access it and when, how it is used, with whom it is shared and how long it is kept for processing. The security describes the technology tools that safeguard personal data from unauthorized access, maintain its integrity and ensure it is available when needed. For proper maintenance, security, and protection can be done by each and every employee through a proper GDPR awareness course form an affiliate institution.
Always every business has to understand some basic key concepts and terminology such as:
Personal data- Any information associating to a recognized or identifiable natural person clearly.
Training and awareness- All staff in an organization compulsorily have to take a GDPR awareness course, which will help to avoid unauthorized access and breaches.
Controller- A person or organization that determines the goals, conditions, and means of the processing of personal information.
Processor- A person or business that processes personal information on behalf of the data controller in the organization.
Pseudonymization- The processing of personal data in a particular manner that the personal data can no longer be associated with a specific data subject without the use of additional information
Personal data breach- A breach of security leading to the accidental or unlawful destruction, loss, unauthorized exposure of personal data transmitted, stored or processed
Data Privacy is about building trust among the clients.
Regarding the privacy of individual information often and early helps to build customer trust in the organization. Customers are increasingly looking for business people who can demonstrate the dedication to privacy for their data.
5 Key Privacy requirements to keep in mind for GDPR compliance:
Always give priority to the opportunity of implementing GDPR, not as a threat.
Invest in personal data identification.
Develop the best practices in the organisation for implementation.
Make sure your security limitations are appropriate to the level of risk management.
Produce a forward-thinking privacy strategy.
The main Security to strengthen and manage privacy policies in your business. Security is vital to protect the clients' personal information by avoiding breaches. You can't have privacy without security, but everyone can have security without privacy. The right security is essential to support privacy responsibilities.
Key security controls that need to be in place to ensure the business is ready for GDPR implementation:
Identity and Access Management (IDAM)
Data Loss Prevention (DLP)
Encryption & Pseudonymization
Incident Response Plan (IRP):
Third-Party Risk Management
Policy Management
Data Protection Principles:
Lawfulness (including the need for a legal
Base to method personal data), fairness
Transparency
Purpose limitation
Data minimisation
Accuracy on the data protected
Storage/retention limitation
Integrity and confidentiality
An essential characteristic of this regulation is the importance of preventing illegal access to the data. Specifically, it can help safeguard data against internal and external human threats that aim to exploit gaps within the organization’s limitations and through the workforce. This includes limiting what data can be observed, removed or accessed.
Gdpr will be affecting all organizations that do business within and outside EU, handling EU information. Under Gdpr, companies are moving away from the legacy systems towards a company-wide approach to the protection of personal data.