Laws and regulations that govern data protection can be confusing for some business owners. However, this should not stop them from doing all they can protect themselves and their customers from information misuse, data breaches, and data leaks. They need to pay more attention to customer identity management and understand the difference between data privacy and data security.
Keep reading to know how these two terms are defined:
What is Data Privacy
Data privacy refers to the appropriate use of data. As organisations use data entrusted to them by their customers or clients, they must use the data according to the agreed purposes. Organisations that fail to ensure the privacy of a customer’s data could face sanctions. Companies may sell, disclose, or rent volumes of consumer data that was entrusted to them to other parties without getting approval from data owners.
What is Data Security
This term refers to the availability, confidentiality, and integrity of data. Thus, it embodies practices and processes that are in place to make sure data is not being used or accessed by unauthorised individuals or parties. Data security ensures the accuracy and dependability of data as well as its availability to authorised parties. Organisations must have an acceptable data security plan that concentrates on the collection of only the required data information, data safety, and destruction of unnecessary data.
The Critical Link
Organisations enact a data security policy to ensure the privacy of customer data. Also, they should ensure data privacy as information is a company asset. A data security policy is the means to the desired end which is data privacy.
With the increase in cybercrime threatening the public and private sector, organisations must have a data security policy in place. But, ensuring all company data is private and being used properly is not an easy task as it involves multiple layers of security. When a company formulates such a policy, it should look at all threats and cover more than just the basics. The data security policy should cover elements such as data security accountability. The IT staff, management, and workforce should be made aware of their responsibilities and the expectations of the company. Data should be categorised so employees know how to handle each kind and the kind they can distribute.
Another element the policy should cover is how the organisation must handle problems like remote access as well as IP address management and configuration. Other elements include vulnerability scans, patches management, incident responses, system data security policies, account monitoring and control, and compliance monitoring.