All you should know about the Data Compliance

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All you should
know about the Data Compliance

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• As per the General Data Protection Regulation
  (GDPR), every company or organization is mandated
  to comply with keeping the data security of their
  clients or customers encrypted and personalized.
  We are living in a world where cyber attacks or
  data breaching have become so frequent and
  unbeatable that having a strong security protocol
  is inevitable.
• When you dont have the encryptions over your
  users data or not Data Compliance, there can be
  a gap in having more engagement with your
  customers or clients and your business or company
  might have a great loss in terms of revenue and
  also reputations.
• So, maintaining this policy should be made a
  priority at all costs and situations. By being
  compliant you are sticking with both the Industry
  and Government regulations and it is going to
  strive for your company or organization till the
  end.
• What is Data Compliance?
• It is a stern regulation passed by the Industry,
  State, or internationally like the GDPR, where
  the Personal Identifiable Information or any
  other credentials of any users, clients, or
  customers are made mandatory for keeping it
  encrypted and guarded at all costs. And if any
  company or organization fails to comply with this
  regulation they will have to encounter charges,
  ranging from civil fines to criminal
  prosecutions.

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What are the different standards of Data
Compliance? Excluding the GDPR, more Data
Compliance standards need to be complied with,
they are as follow
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• HIPAA It is abbreviated as the Health Insurance
  Portability and Accountability Act of 1996. This
  Act ensures that all the Medical records or data
  of any individuals should be kept encrypted and
  personalized. When this protocol failed to meet
  by any organizations then, there can be a huge
  amount of fines imposed by the Government.
• PCI DSS Payment Card Industry Data Security
  Standard (PCI DSS) is also one of the important
  regulations which every company or organization
  should be compliant with. It deals with the
  financial information of all the customers. And
  as per this regulation all the credentials of
  cardholders like the Credit card number, bank
  details, etc, are to be kept mask and encrypted.
  This policy is not a Government-mandated policy
  but, it is an Industry regulation which is needed
  to be taken as seriously as possible. Violating
  with this could cost a huge fine for any company
  or organization.
• SOX Sarbanes-Oxley Act (SOX) was an initiation
  taken by the US Government in 2002 to have
  transparency in accounting in enterprises between
  the shareholder and the public. It tends to
  create a healthy relationship in the corporate
  disclosures as well.

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• CCPA The California consumer privacy Act is
  compliant to keep personal information (PI)
  encrypted. This does not apply to small
  businesses or startups. But, it applies to
  companies that make about 25 million of revenues
  per year. It is considered to be one of the most
  challenging regulations for large companies in
  California.
• How to keep your customers data protected?

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One of the most challenging issues that every
company faces is the issues of a data breach. As
per the IBM estimation, the loss of revenue due
to the breach of data has gone to the extreme out
of surprise. The majority of Americans are more
anxious about its data security, rather than
their revenue loss. So, here are some of the
ways by which you can keep your customers data
private and secure 1. Stay updated with the
Encryptions As the technologies advance, even
in the encryptions of data keeps upgrading in the
present IT sectors. So, be smart and keep
updating the encryption system to avoid any data
breach in the future. 2. Leave no trace of the
data Sometimes having access to some of the
customers data is necessary. But, you should
always try to destroy the data whenever it is no
more required. In this way, the chances of
getting breached would be less.
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3. Restrict access of customers data on to
necessary person There is no need of giving
access to all the people in your organizations or
companies about the credentials of the customers,
as it can only increase the possibilities of a
data breach. Make it very personal and secret, as
it is all about the betterment of your customers
and your reputations. 4. Minimal access to
customers data Collecting some data from the
customers is inevitable. But, having minimal
access to it should be the priority while
accessing it. There is no advantage to collecting
unnecessary data from your customers. It can only
give your burden and can put your company at
risk. So, try to keep it at the least I would
suggest.
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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
• Email enov8australia_at_gmail.com
• Phone(s) 61 2 8916 6391
• Fax [phone]
• Website - https//www.enov8.com

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Thank You