Read the latest ESG research on container adoption trends and their impact on IT data protection and DR readiness. That’s where data backup comes into play. The benefits of data protection laws. One of the benefits of data protection is that it safeguards valuable information, which is a critical asset to your company. these data protection benefits should be achieved through a risk based approach that avoids over-prescription. Or, as the people at AppNexus put it at the occasion of the launch of the draft technical specifications of the IAB GDPR Transparency and Consent Framework: “GDPR reaffirms the importance of a social contract between publishers and consumers”. Hence it increases revenue of the businesses both offline and online. Hey guys i really love this post keep up the great work fellas, peace out bro, Your email address will not be published. And it’s good to see that finally the whole GDPR narrative is moving from GDPR fines to GDPR benefits and turning all the work to do in this new age where trust is key on all levels into competitive benefits, true enhanced relevance and customer-centricity, a real opportunity to streamline data flows and leverage data, a genuine chance to improve customer experience instead of saying we do, apply far better cybersecurity techniques, be more conscience of risks and really value data as a currency and their owners as, well, owners of that currency. There have been ample opportunities before and most certainly also outside of the scope of regulations, to rethink the way we deal with data, enhance customer experience, raise engagement overall, become far better at marketing, innovate and so forth in the past. A business that will deal with any customer information (also known as a “data controller”) is required by law to register with the Information Commissioner’s Office. All companies have data, such as personnel files, customer data, product information, financial transactions, etc. It even goes beyond personal data. Categories . GDPR Cookie Consent; CCPA Cookie Consent Unfortunately, more than 50% of both medium and small businesses do not have the right back up. But what are the advantages and disadvantages of data protection registration? Plus, since this is done via the Internet, you will always be able to recover any files … Contact. IAB GDPR Transparency and Consent Framework, disconnect between perceptions regarding GDPR compliance and the reality. In fact, data is one of the most important assets a company has. Data Protection and Backup Solutions. This has been compounded historically by the aim of … ESG completed a quantitative economic analysis of customer-deployed Dell EMC data protection solutions. There is ample more research in the scope of awareness of privacy laws, showing similar disconnects. Personal data protection is essential to fully capitalise on the benefits of India's digital revolution: Cyble News provided by. Posted by: nsllc; Tags: data backup, data centers, data security STL, net security STL, network solutions STL, Network Specialists, offsite data storage, pros of data centers No Comments; When it comes to vital information, it’s important for businesses to make sure that their data is protected and backed up in the event of an emergency. I provide 1-2-1 pre-start consultancy services, if you are interested please get in touch. The DPA also directs that data can only be used for the explicit purpose that it was obtained. Yet, how successful have we really been, from the customer viewpoint that is? In modern societies, in order to empower us to control our data and to protect us from abuses, it is essential that data protection laws restrain and shape the activities of companies and governments. A full year after the General Data Protection Regulation (DGPR) came into full force, many companies still have a lot of work to do in meeting its compliance requirements. Yet, just as dark data becomes important data when there is a purpose to start using it, so do personal data and customer data become important when we use them for the sake of relevant customer-oriented actions. Here are 5 great benefits that data backup can have on your company! Among previously mentioned benefits: enhanced trust in times of distrust. Permission marketing is close to two decades old. Data protection is commonly defined as the law designed to protect your personal data. This is where data protection comes in. Skip to content. The commencement date of this Act is 25 November 2019. Not just because there is also a data protection reform coming regarding non-personal data but also because many new technologies are highly untrusted as are the organizations leveraging them and leveraging the oil that feeds and results from that: data becoming insights, innovation, relevance, purpose and so forth. Solutions Consent Management . How easy is it for customers to engage, find their way and express what they want and don’t want? With data being that new currency and oil the ownership, protection, accuracy and usefulness of the data and how/why/when the data is leveraged, regardless of application and nature of transaction or ‘contract’ (from permission in marketing to data exchanges in industrial applications), including data flows between machines and systems, need to be revisited. ESG completed a quantitative economic analysis of customer-deployed Dell EMC data protection solutions. An effective data protection program minimizes your sensitive data footprint and helps keep business-critical and regulated data secure and out of the hands of attackers. Unfortunately, more than 50% of both medium and small businesses do not have the right back up. The European approach has its own … Without executive buy-in and involvement, organizations will not just struggle to implement the changes required to meet compliance as research found, they will struggle to turn GDPR benefits into data-driven, customer-oriented, process-related, innovation-enabling and other business opportunities. For more information, see our Data Protection Registration service or contact one of our business consultants on 0800 0828 727. Under the DPA 2018, individuals can hold organisations accountable for storing and processing their data in-line with regulations. If you need help with your startup then let's talk. For example, not all information in a company has to be seen by all the employees. Participating organizations are deemed to provide “adequate” privacy protection, a requirement (subject to limited derogations) for the transfer of personal data outside of the European Union under the EU Data Protection Directive and outside of Switzerland under the Swiss Federal Act on Data Protection; For that reason alone, data protection should be a top priority for any company. With that said, … Organisations will be less likely to breach the GDPR. November 2017 | Drooms Global. Decisions management makes are based on this data as are the work processes followed by employees to deliver quality products and services. Categories . Technology News; Tags . Third Party Formations Limited T/A The Company Warehouse | A Company Formation Agent Registered in England and Wales. BENEFITS OF DATA PROTECTION • Protect valuable information • Stay ahead of competitors with the latest security • Gain clientele in more markets with the added security. Advantages of Data Protection Registration. BENEFITS OF DATA PROTECTION • Protect valuable information • Stay ahead of competitors with the latest security • Gain clientele in more markets with the added security. Focus was placed on the economic benefits organizations can expect when leveraging different components and configurations of the Dell EMC data protection portfolio to automate data protection across the organization. Contact. In fact, data is one of the most important assets a company has. Cyble Inc. 30 Nov, 2020, 13:07 IST. Such markets as the government or the military, in which high levels of security are imperative • Current clients feel as though you care about them when you offer them added security Read ESG Report. Sign In. Running a new limited company or small business, you will necessarily be dealing with all sort of different personal data and information. Everyone loves to talk about data-driven marketing, the so-called data chaos challenge and opportunity, the connected device IoT data deluge, data exchange models and more. The communication will be more personalised because of the granularity of the information collected, thus saving you the sunk cost of pursuing uninterested consumers. Encryption is Cheap to Implement. In modern societies, in order to empower us to control our data and to protect us from abuses, it is essential that data protection laws restrain and shape the activities of companies and governments. The DPIA is an ongoing process, regularly applied to personal data processing, identifying, and mitigating risks. If trust is paramount in data transactions in industries and really the very reason why so many industries look at blockchain technology then why wouldn’t you make sure that your data is accurate, valuable, purposeful and relevant enough to move ahead in digital business? However, that idea isn’t very well understood in boardrooms all too often yet. No matter where you look trust, security, transparency and another one we’ll touch upon next, relevance, are holding decision-makers back. In these times of distrust and fast technological and societal change a third asset can be added: trust. Request a Sales Callback. We all have to give information about ourselves to others for many different reasons, from a credit card purchase … Pretty much every device and operating system we use today comes with some sort of encryption technology. Another cost benefit of the GDPR is that your organisation will be able to more effectively engage with customers. One of the less often mentioned aspects regarding changing data protection regulations, most notably but not solely the General Data Protection Regulation (GDPR), are their benefits in many areas we often don’t think about and tend to revolve around digital transformation in various senses. For example, not all information in a company has to be seen by all the employees. Data protection is not just a legal requirement, it is crucial. Awareness of privacy and data protection will be increased across the organisation. It protects valuable information such as business transactions and financial statements. The benefits of the EU data protection reform (GDPR) for businesses. Get Support. A good business should have a good data protection strategy, one that doesn’t leave people waiting for too long for systems to be restored after a failure. Data Protection Act – Why its important. We’ve been saying that the customer is so important for decades and that the customer experience, digital or not, and customer-centricity matter so much. The communication will be more personalised because of the granularity of the information collected, thus saving you the sunk cost of pursuing uninterested consumers. Data protection is a far from perfect mechanism for protecting privacy in a digital age, but a perfect mechanism does not exist. One of the most sought after features, using cloud computing helps with disaster recovery. This includes guarding the availabili… Design for better digital experiences – it is what the GDPR really forces organizations to do and what hasn’t worked well so far. The European approach has its own … Every business has vital information that it cannot afford to lose. Starting a business is something you want to get right first time. Technology News; Tags . The Act is a significant milestone of which all Kenyans should be proud. Share (Opens Share panel) Start here if you’re new to data protection or interested in learning why data protection laws are beneficial. The principal reason to keep your data protected is to ensure the safety of all the information you store. Data protection is commonly defined as the law designed to protect your personal data. A full year after the General Data Protection Regulation (DGPR) came into full force, many companies still have a lot of work to do in meeting its compliance requirements. And it’s not just about GDPR and consent. The thing with data is that you can indeed have a whole lot of it and that there is even more dark data. It’s also about enabling consumers to control their preferences, to engage actively, to exercise data subject rights whereby you indeed can be forced to delete their data with rights such as the right to be forgotten. One of the benefits of data protection is that it safeguards valuable information, which is a critical asset to your company. Different jurisdictions take different approaches; data protection is the approach taken by Europe. More Options . Choosing the right business structure will save you time and ensure you understand how to maximise your expenses and allowances so that you retain as much as of your profits as possible, pay less tax and stay within the rules. Or as we put it: if data is the new oil, trust is what makes the new oil wells and oil pipelines function. Benefits or advantages of Data Protection. Legal Compliance – registering your business with The ICO is the first step towards ensuring your business is legally compliant. See how ESG calculates cost-to-protect. If you work with data from your customers, hold sensitive information from your industry or even just keep your employees’ information on your company server or cloud, then data protection should be one of your big priorities. Data protection is commonly defined as the law designed to protect your personal data. The best way to develop and maintain such a program is to think of it as a process, not a project. Furthermore, your organisation will have … Help customers modernize data protection infrastructure for increased agility, flexibility, cost efficiency with the Dell EMC Data Protection portfolio. Following proper data protection procedures is also crucial to help prevent cybercrimes by en… Benefits of General Data Protection Regulation compliance One of the many benefits of being General Data Protection Regulation compliant is that organisations are required to implement controlled business processes – meaning that data will already be organised, resulting in greater business productivity and efficiency generally. Published by Duncan Kingori on January 24, 2019. Copyright © 2003-2020 Third Party Formations Limited. The EU is embarking on an update to its data protection rules. This privacy-by-design approach can have the following benefits: Potential problems are identified at an early stage. Remote backup can be automated and updated on a daily basis, or you can even back up your data at a set time. If you know where your most sensitive data is, who has access to it and what users are doing with it, you’ll be able to spot and react to potential data breaches immediately. Disasters can strike and affect your computers leading to loss of data. Below are just a few of these benefits (there are ample more): Removing silos (that do slow down digital transformation to sing a really old tune as does paper to sing an even older tune). In short, you should be able to decide whether or not you want to share some information, who has access to it, for how long, for what reason, and be able to modify some of this information, and more. Benefits of Using Encryption Technology for Data Security. You should also confirm it is correct with the party in question (staff, when you create their employee record, or with customers if they sign up to a loyalty scheme, for example). Decisions management makes are based on this data as are the work processes followed by employees to deliver quality products and services. FEATURED REPORT Data Protection Trends for Containers . Required fields are marked *, You may use these HTML tags and attributes:
. That is the opportunity and challenge ahead. Let’s put it very simply: if data, including personal data, and customers are a core business asset and both are foundational for digital business transformation and business in a more digital world overall they deserve to be treated as such. 5 Amazing Benefits of Data Backup. Published by Duncan Kingori on January 24, 2019. Being ahead in that evolution offers clear benefits. Addressing problems early will often be easier and cheaper. Every business should prioritize in protecting their customer’s data. The days that security was an afterthought should be over – in practice that is far from the case. Sharing data may bring benefits, and it has often also become necessary for us to do everyday tasks and engage with other people in today’s society. Since data encryption applies both to information at rest and in transit, it provides consistent protection that could lead to peace of mind for the people who handle information. It’s important we recognize the data governance benefits (DG) beyond General Data Protection Regulation (GDPR) compliance. That – and far more – is what properly preparing for a changing attitude regarding data protection, personal data and stopping the abuse of personal data usage by some large companies should bring to mind when you hear GDPR compliance, not clocks (although we of course are not blind for the challenges in practice and the difficulties encountered by most organizations really). Top image: Shutterstock – Copyright: 24Novembers – Although the content of this article is thoroughly checked we are not liable for potential mistakes and advice you to seek assistance in preparing for GDPR. Individuals will naturally benefit a great deal by taking back control of their personal data. Apprenticeships: 5 Employer Benefits of Apprenticeships posted on 15/10/2015. 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