Most businesses will collect some form of Personally Identifiable Information (PII), which includes but is not limited to information about an individual such as name, ID number, address or date of birth. A business may have this information about its clients or its employees.
When this information is collected, you have obligations to disclose the purposes behind collecting and retaining the information to those you collect it from. You must safeguard this information, and if there is an accident you must notify the owner of the issue.
But that is not all, privacy and cybersecurity laws are diverse and are different, depending on where your business operates and what industry you are in.
Privacy and Cybersecurity start with and are greatly intertwined with Data Governance. At The Regulation Factory, we know that this can be a big project but we are here to help! Let's start with finding out where your data is located in your business, classify your data, then work together to make sure its protected and compliant with laws and regulations.
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