Power Your IT Business With DataOps (1) - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Power Your IT Business With DataOps (1)

Description:

In the last few years due to increasing complexity relating to data compliance, an enormous amount of data is stored on cloud and servers around the world. Know more about it at www.enov8.com. – PowerPoint PPT presentation

Number of Views:1
Date added: 17 September 2019
Slides: 10
Provided by: enov8
Category: Other

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Power Your IT Business With DataOps (1)


1
Major Data Compliance Standard Which May Affect
Your Firm
2
  • Currently, all the giant businesses and startups
    hold more data of the users than ever. Along with
    gathering all the data there comes a set of
    responsibilities that is to be followed.
    Therefore, a company needs proper planning for
    storage, protection, usage and smart sharing of
    data.
  • The recent scandals troubling Social media giant
    Facebook clearly demonstrates, what can happen if
    the data is mistreated. Any firm can lose the
    trust of the users, resulting in huge reputation
    and revenue loss for the company.
  • A company can also face financial penalties if
    not acted carefully and for unethically using the
    confidential data of the users. Certainly, in the
    last few years due to increasing complexity
    relating to data compliance, an enormous amount
    of data is stored on cloud and servers around the
    world.
  • Above all, the rate of the fine which is declared
    due to data breach is also increasing
    consequently, making the regulations more strict
    than ever.
  • Along with following the general data protection
    rules that the company must be aware of, there
    are other industry-specific compliance concerns
    that are to be taken into account.

3
  • GDPR
  • General Data Protection Regulations is one of the
    wide-spreading and newest standards which is hard
    to ignore. It came into force on May 25th 2018
    and discussed the set of rules regarding peoples
    right to know the data used by the company, how
    the company is using the data, and regulations
    against the breach of any provision.
  • Though the act will directly affect Europe based
    company, Australian firms may also get influenced
    by this regulation.
  • The three basic principles that are important for
    you to know is, minimising the amount of data you
    hold, obtaining consent, and ensuring the rights
    of data fields.

4
  • As monitoring the flow of information is not
    easy, thus certain organisation appoints data
    protection officer who can make the data
    protection strategy and ensure that the company
    meets the GDPR requirements.
  • The Privacy Act of 1988
  • As the patients health data is the most
    sensitive kind of information that is shared,
    thus there is a section included in the
    Australian Privacy Act. This section is designed
    to provide further protection to safeguard the
    data of the users who share information on
    health-related websites.

5
  • It is declared by the Australian government that
    every company is bound to obtain the consent of
    the individual before collecting any
    health-related information. On top of that, every
    health care service provider is obliged to follow
    the privacy act, concerned to patients
    confidentiality.
  • It is also illegal for any affected party to
    opt-out of this rule. Therefore, it is very
    crucial for small and big health care
    organisations to understand and follow the terms
    and conditions of this act.
  • PCI DSS

6
  • The business that is dealing with the financial
    information of the customers requires to comply
    with the Payment Card Industry Data Security
    Standard. It is important for the company
    because it sets the rules affecting how companies
    protect and handle cardholder data such as credit
    or debit card numbers.
  • The company must have IT Environment Management
    Tools that ease the work of data monitoring for
    better working and security of the user's
    information
  • The PCI DSS is not government-mandated rules but
    it is managed by the industry association. The
    companies which do not follow these rules can
    face heavy fines.
  • Even when the firms use third-party services to
    handle card payments, it is the responsibility of
    the merchant to assure the safety of the debit or
    credit card data whether it is gathered,
    transmitted or stored.
  • Those companies which have huge customer database
    will face more strict requirements. Thus, there
    must be proper planning for meeting the
    requirements of this standard.

7
Final Words There are many rules and regulations
which are formed for maintaining the data
security of the users confidential
information. If a company wants to grow and
sustain in the business within this digital
world, the security of the users personal
information is mandatory. Due to more and more
advanced IT Environment Management, it has
become flexible for an organization to layout
function by keeping the confidentiality of the
users information in the first place.
8
Contact Us
  • Company Name Enov8
  • Contact Person Ashley Hosking
  • Address Level 5, 14 Martin Place, Sydney, 2000,
    New South Wales, Australia.
  • Phone(s) 61 2 8916 6391
  • Fax 61 2 9437 4214
  • Website - https//www.enov8.com

9
Thank You
About PowerShow.com