As technology advanced, it became essential to protect digital data. That's why we now have data privacy rules and regulations to address cyber threats. Many organizations have one or more data privacy policies that they need to meet.
For example, in the U.S. healthcare industry, compliance with HIPAA is mandatory. On the other hand, anyone collecting payment card data has to worry about PCI-DSS. GDPR is a broad-reaching data protection regulation that affects anyone selling to EU citizens.
But wait, that's not all! Industry and international data privacy regulations are just the tip of the iceberg. Many state and local jurisdictions also have their own data privacy laws. Therefore, it's crucial for organizations to stay up-to-date with these compliance requirements and updates to these rules.
Did you know that by the end of 2024, around 75% of the population will have their data protected by one or more privacy regulations? Authorities enact new data privacy regulations all the time. For example, in 2023, four states, namely Colorado, Utah, Connecticut, and Virginia, will begin enforcing new data privacy statutes.
Now, don't worry; we have some tips for you to keep up with data privacy updates coming your way.
<H2>Steps for Staying On Top of Data Privacy Compliance</H2>
<H3>1. Identify the Regulations You Need to Follow</H3>
It's crucial to know the different data privacy rules that apply to your organization. This includes regulations based on industry, location, and government contracts. This helps ensure you’re not caught off guard by one you didn’t know about.
<H3>2. Stay Aware of Data Privacy Regulation Updates</H3>
Don't get caught off guard by a data privacy rule change. Stay informed about updates by signing up for updates on the appropriate website. Make sure to sign up for each of the regulations that your business falls under.
<H3>3. Do an Annual Review of Your Data Security Standards</H3>
Companies are continually evolving their technology, and any changes can lead to non-compliance. It's essential to do at least an annual review of your data security and match that with your data privacy compliance requirements.
<H3>4. Audit Your Security Policies and Procedures</H3>
Audit your security policies annually and whenever there is a data privacy regulation update. It's crucial to ensure that you're encompassing any new changes to your requirements.
<H3>5. Update Your Technical, Physical & Administrative Safeguards As Needed</H3>
Make sure you plan ahead and comply with new data privacy updates before they kick in. Check your IT security in three areas, including technical safeguards, administrative safeguards, and physical safeguards.
<H3>6. Keep Employees Trained on Compliance and Data Privacy Policies</H3>
Conduct ongoing cybersecurity training for staff and include updates they need to know about. Always log your training activities, and this documentation will be helpful in case of a breach.
We know that data privacy compliance can be complex, but don't worry; you don't have to figure it out yourself. Our team is well-versed in compliance needs. Give Layer 2 Computers a call today to schedule a chat.