Industry Talk
Regular Industry Development Updates, Opinions and Talking Points relating to Manufacturing, the Supply Chain and Logistics.Data Privacy Day Expert Comment
On Data Privacy Day, it’s crucial to recognise that focusing solely on compliance will only lead to companies tying themselves in knots reacting to the swarm of active or planned regulatory requirements as well as data legislation coming into force across multiple national and state jurisdictions. If we look at Germany alone as an example there are 17 state laws on top of national and EU requirements. The most effective way to ensure data privacy compliance is by building robust and repeatable operational capabilities. This involves programmatically conducting comprehensive data audits to identify, categorise, and secure sensitive information.
Implementing robust encryption protocols, including migrating to encryption methods resilient to emerging quantum computing attacks, is essential. Additionally, consider working with technology companies who can offer immutable data can provide an extra layer of security, ensuring data cannot be altered or deleted, thus protecting against ransomware attacks, data breaches and the unnecessary financial loss accrued because of downtime. Appointing security champions in each business unit to educate their peers on tailored data privacy processes based on data classification levels is an important step. By embedding these practices, compliance with varying regulatory requirements will naturally follow.