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Building a good data protection program for your Business (Part 1)

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19.May, 2020 0 Data Privacy

As governments around the world each race to put together updated data protection and privacy regulation frameworks that secures the interests of their citizens, one thing is for sure – businesses have no choice but to comply. 

However, many businesses out there have developed cold feet, perhaps because the word out there is that the process of building a good data protection program is most often a hard nut to crack. This is hinged on the overhauls and modifications required of the modus operandi of businesses.

The good news is, it isn’t as difficult as it has been made to appear. Here are some actionable tips to get you started in the right direction.

  1. Knowing what to protect:

To design a good data protection program, you first have to understand how data is collected, created, stored, and its movements trail. And this not only applies to data in soft or in electronic form, but those in hard copy are also equally covered. All categories of information, be it employee, client records; trade records, and proprietary information; finance records, amongst others, are all susceptible to disasters and breaches, accounting for why they must all be adequately secured in order of priority.

  1. Identifying risks and tolerance level:

Adequate data protection for businesses also involves an identification of the risks to each category of information and your tolerance to the same. That is to say, each business has its peculiar risk profile, in line with the services it offers to users, the information it thrives on, as well as the data protection threats peculiar to the industry.

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