Power Your IT Business With DataOps (1)

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Major Data Compliance Standard Which May Affect
Your Firm
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• Currently, all the giant businesses and startups
  hold more data of the users than ever. Along with
  gathering all the data there comes a set of
  responsibilities that is to be followed.
  Therefore, a company needs proper planning for
  storage, protection, usage and smart sharing of
  data.
• The recent scandals troubling Social media giant
  Facebook clearly demonstrates, what can happen if
  the data is mistreated. Any firm can lose the
  trust of the users, resulting in huge reputation
  and revenue loss for the company.
• A company can also face financial penalties if
  not acted carefully and for unethically using the
  confidential data of the users. Certainly, in the
  last few years due to increasing complexity
  relating to data compliance, an enormous amount
  of data is stored on cloud and servers around the
  world.
• Above all, the rate of the fine which is declared
  due to data breach is also increasing
  consequently, making the regulations more strict
  than ever.
• Along with following the general data protection
  rules that the company must be aware of, there
  are other industry-specific compliance concerns
  that are to be taken into account.

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• GDPR
• General Data Protection Regulations is one of the
  wide-spreading and newest standards which is hard
  to ignore. It came into force on May 25th 2018
  and discussed the set of rules regarding peoples
  right to know the data used by the company, how
  the company is using the data, and regulations
  against the breach of any provision.
• Though the act will directly affect Europe based
  company, Australian firms may also get influenced
  by this regulation.
• The three basic principles that are important for
  you to know is, minimising the amount of data you
  hold, obtaining consent, and ensuring the rights
  of data fields.

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• As monitoring the flow of information is not
  easy, thus certain organisation appoints data
  protection officer who can make the data
  protection strategy and ensure that the company
  meets the GDPR requirements.
• The Privacy Act of 1988
• As the patients health data is the most
  sensitive kind of information that is shared,
  thus there is a section included in the
  Australian Privacy Act. This section is designed
  to provide further protection to safeguard the
  data of the users who share information on
  health-related websites.

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• It is declared by the Australian government that
  every company is bound to obtain the consent of
  the individual before collecting any
  health-related information. On top of that, every
  health care service provider is obliged to follow
  the privacy act, concerned to patients
  confidentiality.
• It is also illegal for any affected party to
  opt-out of this rule. Therefore, it is very
  crucial for small and big health care
  organisations to understand and follow the terms
  and conditions of this act.
• PCI DSS

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• The business that is dealing with the financial
  information of the customers requires to comply
  with the Payment Card Industry Data Security
  Standard. It is important for the company
  because it sets the rules affecting how companies
  protect and handle cardholder data such as credit
  or debit card numbers.
• The company must have IT Environment Management
  Tools that ease the work of data monitoring for
  better working and security of the user's
  information
• The PCI DSS is not government-mandated rules but
  it is managed by the industry association. The
  companies which do not follow these rules can
  face heavy fines.
• Even when the firms use third-party services to
  handle card payments, it is the responsibility of
  the merchant to assure the safety of the debit or
  credit card data whether it is gathered,
  transmitted or stored.
• Those companies which have huge customer database
  will face more strict requirements. Thus, there
  must be proper planning for meeting the
  requirements of this standard.

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Final Words There are many rules and regulations
which are formed for maintaining the data
security of the users confidential
information. If a company wants to grow and
sustain in the business within this digital
world, the security of the users personal
information is mandatory. Due to more and more
advanced IT Environment Management, it has
become flexible for an organization to layout
function by keeping the confidentiality of the
users information in the first place.
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Contact Us

• Company Name Enov8
• Contact Person Ashley Hosking
• Address Level 5, 14 Martin Place, Sydney, 2000,
  New South Wales, Australia.
• Phone(s) 61 2 8916 6391
• Fax [phone]
• Website - https//www.enov8.com

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Thank You