123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Tips To Aid Compliance With Global Data Privacy Laws

Profile Picture
By Author: martin well
Total Articles: 364
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Businesses that depend on technology in a big way are looking at a rapid growth in the role of IT Compliance. With employees working in countries with strict privacy laws, one of the ways for data privacy is to prevent any access to personal data from outside and keep it within the country where it is obtained from. Another way is to certify that data transferred outside the jurisdiction will adhere to local legal strictures. However, most organizations follow the former.

Privacy laws do not prevent managers from accessing sales and performance data from outside a territory as long as IT ensures that PII, such as a customer phone number or employee attendance history, is not involved. Here are a few tips that can help compliance with international privacy laws. While it is inevitable that compliance with global laws falls to IT, adhering to a few industry best practices can help.

Be familiar with your data


What is most important is having a precise understanding of the data. By conducting a data inventory you will know where the data resides and which country it comes from.

...
... Don’t collect unnecessary data


Not taking what you don’t need is a practical solution. It is important to collect some PII from customers and employees but collecting excess information is of no use. It only makes following international data laws a lot more difficult.

Consider privacy when planning cloud implementations


The company that first accepted the data will be legally accountable for what happens to it if the vendor fails to abide by the contract. As cloud providers often move data around among different hosting companies, it is best to opt for EU only cloud solutions. Alternatively if it’s a U.S. based cloud company, ensure that it is Safe Harbor adherent and it also should certify that the data won’t be moved offshore. Another option is to bind the cloud vendor with a contract that requires it to treat PII in accordance with the EU directive.

Manage international data in a GRC plan


Solutions used for compliance with crucial regulations can also remove process slip-ups like finding incorrect or duplicate payments etc. The risk tools that help you from being fined for regulatory violations can also help you with the bottom line for reasons unrelated to compliance. If you’re implementing a new system and defining business processes, it helps not only to minimize the long-term cost of compliance but to proactively manage the risk of a global IT project.

Tackling international privacy laws can be made simple with the help of a professional partner in case of company international expansion. They have the real-time knowledge and experience to seamlessly take care of other areas of your business like international accounts payable regulatory filing requirements etc. efficiently. Thus making you free to focus on the work that counts most, your core business!


Know more on:
International financial accounting,
Doing business overseas

Total Views: 251Word Count: 495See All articles From Author

Add Comment

Business Articles

1. Repair And Maintenance Guide For Garden Fencing
Author: Vikram kumar

2. Lucintel Forecasts The Global Palatant Market To Grow With A Cagr Of 5% From 2024 To 2030
Author: Lucintel LLC

3. Choosing The Right Gas Regulator In Florida: A Complete Guide
Author: Technico

4. Why Deer Park Learners Trust Local Driving Instructors
Author: Aintree Driving School

5. How To Properly Install And Uninstall Your Air Conditioner System With A Low Budget
Author: Neha Jain

6. What Is The Role Of Pdca In Iso 50001?
Author: William Charles

7. Step-by-step Instructions On How To Generate Inventory Reports Quickbooks?
Author: Jack Edwards

8. How To Track Employee Work Hours Efficiently With Trackhr
Author: TrackHr App

9. From Grounded To Global: 4 Ceos Rewiring India’s Aviation Sky
Author: Skyone

10. The Role Of Automation In Modern Cloud Migration Methodology
Author: Netscribes

11. Master Photo Retouching | Steps To Become A Photo Editing Expert
Author: ukclippingpath

12. Great Dependability And Performance Are The Reasons For Extensive Use Of Hydro Pneumatic Press
Author: David Camp

13. Best Lasik Eye Surgery For A Spectacle-free Life
Author: Anil Eye Hospital

14. Industrial Oven Manufacturers In Coimbatore
Author: Heatcon Sensors

15. Plumbing In North Salt Lake: Your Guide To Reliable Services
Author: Brown Jones

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: