ZL Tech

Today's data breaches are at an all-time high. The increasing complexity and severity of these breaches cost the world more than $1 trillion in 2020 , up 50% from 2018. Consequently, consumer trust in data security is at an all-time low, with 59% of Americans , for example, describing companies that fail to meet the data privacy expectations as "untrustworthy." But there is another side to this fuss about data privacy . The Other Side On the other side, companies have made a considerable transition to a hybrid work environment due to Covid-19, accelerating digital transformation initiatives by the equivalent of seven years in just a few months to fulfill consumer demand. However, the increasingly tricky work of preserving data and system security in a complex, dispersed environment is no simple undertaking – and it has grown considerably more difficult due to the same pandemic. And this swift digital transformation is raising concerns about the systems that now have vari...

Recently, there has been a surge in the number of fines imposed on companies for violating privacy laws and regulations. Some notable incidents are the $888 million fine imposed on   Amazon   by the European Union (EU) in July 2021 and the $58.7 million fine on   Google   in 2019. Though these fines are considerably huge, they are essential to ensure our personal data is safe with companies. What is Personal Data? Personal data is any data that can   identify an individual. Email addresses, phone numbers, credit card numbers, SSN, home addresses, etc., are examples of personal data. Personal data is also known as sensitive data or Personally Identifiable Information (PII). The growing awareness of data rights has made it essential to safeguard these sensitive data. GDPR and CCPA are two of the largest privacy laws and regulations. What are GDPR and CCPA? The  General Data Protection Regulation  or GDPR is a regulation on data protection and privacy in ...

Data privacy is a branch of broader   information management . It refers to data handling in compliance with data protection laws and regulations. It is a process where organizations must know what data they have, where and how it flows through the organizational system, and how it is used. Setting authorized access permissions, obtaining consent from data subjects when needed, and preserving data integrity are all part of this process. But the massive increase in the   data flow and more and more people using cloud solutions in recent days has given rise to several challenges in this field. Moreover, the ever-changing privacy laws and regulations make it much more complicated for organizations to deal with Personal Identifiable Information (PII) or sensitive data. Most of these challenges have to do with: Internal and external policies The influx of data, and Humans Implementing Data Privacy Policies Every organization has some data privacy policy in place but is usually rest...