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Data Privacy Solutions

Summarized by PlexPage
Last Updated: 02 July 2021

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Almost 60% of the adult population in the US found out recently that their personal datanames, social security numbers, birth dates, addresses, driver's license numberscould be in the hands of criminals. Disclosure of data breach come from Equifax, company name they probably do not recognize. 145. 5 million people impact certainly never entrust their personal details to its care. A new European Union regulationthe, General Data Protection Regulation, will go into effect in seven months, strengthening and unifying Data Protection for individuals, giving them control over their personal data. As it also regulates export of personal data outside the EU, it affects all businesses, including non-European, operating in the EU. 58% of respondents to recent survey, however, indicate that their organizations are not fully aware of the consequences of noncompliance with GDPR. While GDPR gives individuals the right to request that their personal data be erased or ported to another organization, 48% of respondents say its challenge to find specific personal data within their own databases. GDPR puts the maximum penalty for violation at 4% of worldwide revenues of an offending organization. To help cybersecurity and privacy professionals prepare for a future in which their organizations will increasingly be held accountable for data on consumers they collect, analyze and sell, Forrester Research investigated the current state of the 20 most important Data Protection tools. Base on Forresters analysis, heres my list of 10 hottest Data Security and privacy technologies: cloud Data Protection: Encrypting sensitive data before it goes to cloud with enterprise maintaining keys. It protects from unwelcomed government surveillance and helps remove some of the biggest impediments to cloud adoptionsecurity, compliance, and privacy concerns. Sample vendors: Bitglass, CipherCloud, Cisco, Netskope, Skyhigh Networks, Symantec, and Vaultive. Tokenization: Substituting randomly generates valuethe tokenfor sensitive data such as credit card numbers, bank account numbers, and social Security numbers. After tokenization, mapping of token to its original data is stored in a hardened database. Unlike encryption, there is no mathematical relationship between a token and its original data; to reverse tokenization, hacker must have access to mapping database. Sample vendors: CyberSource, Gemalto, Liaison, MasterCard, MerchantLink, Micro Focus, paymetric, ProPay, Protegrity, Shift4, Symantec, Thales e-Security, TokenEx, TrustCommerce, and Verifone. Big Data encryption: Using encryption and other obfuscation techniques to obscure data in relational databases as well as data store in distributed computing architectures of big Data Platforms, to protect personal privacy, achieve compliance, and reduce the impact of Cyber attacks and accidental data leaks. Sample vendors: Gemalto, IBM, Micro Focus, Thales e-Security, and Zettaset. Data Access governance: Providing visibility into what and where sensitive data exists, and Data Access permissions and Activities, allowing organizations to manage Data Access permissions and identify sensitive stale data. These tools help automate, at scale, challenge of addressing low-hanging fruit of Data protectionsensitive Data discovery and cleaning up Data Access permissions to enforce least privilegeas data volumes skyrocket.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Addressing Privacy Compliance Risk

Addressing Privacy in today's threat landscape requires more than good security posture. Organizations looking to comply with changing regulations and gain customer trust need to improve their approach to using and protecting personal data. The NIST Privacy Framework is expected to play a similar role to the Cybersecurity Framework as a voluntary gold-standard that can strengthen your response to Data Privacy challenges. By combining use of both frameworks within your security program, you can comprehensively address cybersecurity and privacy concerns and continually adjust to new risks. For more information about Privacy Framework, visit NISTs website for an in-depth, on-demand webinar. To learn more about advancing your security and privacy capabilities, contact your SHI account executive.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Stay compliant. Stay secure.

Data is an incredibly important asset, and collecting and sharing data can be big business in today's digital economy. But for businesses to safely and successfully take advantage of data theyre collecting, they need to have safeguards in place to ensure data is under tight lock and key and consumers are subject to uninvited surveillance. As businesses collect growing amounts of information from their customers, those customers have begun to see potential downsides to this data collection. Data Privacy is more important today than ever before, and businesses should be highly concerned with their Data Privacy Policies and procedures for a few different reasons. At this time, regulatory landscape has created new complications for businesses of all types. Data Privacy regulations such as the California Consumer Privacy Act and EUs General Data Protection Regulation have significantly impacted how businesses can collect, store and handle such personal information from consumers. This legislation is comprehensive and designed to provide a level of legal protection to covered consumers that was not previously available. Additionally, COVID-19 crisis has made Data Privacy issues even more salient. As organizations collect personal information about employees ' health and travel as part of their response to the spread of viruses, they need to take appropriate measures to protect employees ' privacy and stay compliant with applicable Data Privacy regulations, including EUs General Data Protection Regulation, Americans With Disabilities Act, California Consumer Privacy Act, and United States Health Insurance Portability and Accountability Act. Meanwhile, businesses today are often at risk of unintentionally violating these Data Privacy regulations, because their security measures arent keep up with the ever-evolving cyber risk landscape. Organizations are vulnerable to an increasing array of cyber attack schemes from cyber criminals, hackers and state-sponsor cyber terrorists. According to Imperva 2019 Cyberthreat Defense Report, Its expect that 57. 6% of government organizations, 73. 5% of educational organizations, and 74. 5% of retail organizations are at direct risk of suffering from data breaches or compromises. In 2019, we saw organizations like Equifax, British Airways, Fortnite, Marriott Hotel Group pay settlements of millions for data breaches. As a business, your obligation to safeguard data has never been greater. Not only do you have to collect, store, process and discard data in ways that are compliant with regulations, you also need to have strong Information Security policies and practices that protect your clients ' data from malicious or unauthorized use. In this guide, we discuss why businesses need to pay attention to Data Privacy, key Data Privacy regulations affecting US base businesses, and key steps businesses need to take to adhere to these regulations and adequately protect their critical assets and their reputation.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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