4 Ways to Bolster Data-Privacy Compliance

9/8/2020

GettyImages-936773190.jpgWith businesses trying to move beyond the COVID pandemic, it would be easy to forget that privacy and security laws, like the GDPR and California Consumer Protection Act (CCPA), are still very much in effect. If your firm is subject to these protocols, and you plan to revisit your compliance posture anytime soon, start by exploring whether you have (or need to have) compliance-supporting technologies like these in place:

1) Pseudonymization. Both the GDPR and CCPA contain data-masking requirements, though in the latter it’s less well defined. The technique’s advanced encryption and storage methodologies make it especially hard for thieves to derive value from users’ personally identifiable information (PII).

2) Managed File Transfer (MFT). Using industry-standard network protocols and encryption methods, these applications promote the secure collection, movement, and usage of PII data by providing a holistic view of its path and travel.

3) Privacy Impact Assessments. A kind of “early warning system,” PIA’s help business leaders evaluate the potential impact their decisions may have on users’ data privacy. Because assessments reveal compliance gaps, high-risk data and other areas of concern, they are indispensable in supporting new product launches and geographic expansion.

4) Automated Data Protection Processes. Comprised of well-defined procedures and technological controls, these solutions reduce the risk and inefficiency of manual data processing, while providing a clearer picture of incoming and outgoing data. No one knows when regulators will resume compliance enforcement in earnest. But in time, they surely will. If you’re uncertain about your company’s regulatory readiness, give us a call.