Businesses have encountered exceptionally challenging circumstances during the year. However, in 2021 the most recent business challenge might be a little bit more common. Yes, compliance problems are set to rear their nasty head yet again in the New Year.
Increasing protocols and a new normal after Covid-19, we outline the four crucial privacy challenges your business will face while working into 2021, and how you can be able to overcome them so that they’re not wedged out later down the line.
So, below are 4 compliance challenges your business might be facing in 2021.
1. Problems with Privacy Shield and data transfer to America
The Court of Justice of the European Union ruled that US surveillance regulations do not provide passive protection for EU personal data. This decision will affect any business that transfers personal data not only to the US – but is also external to the European Union.
This means businesses required evaluating, how their data is being protected by countries outside of the European Economic Area (EEA) or where there are problems to secure sufficient protections are in place.
Businesses should now analyze all data transfers, understanding where the Privacy Shield is depending on upon, and classify third countries to which data is being moved. Focus seriously on data that is transferred to the US after this current judgement.
2. DSARs are increasing
With the redundancy and workers on the furlough scheme due to Covid-19, this means that there has been a huge increase in data subject access requests (DSARs).
According to a new study by Data Protection Officers (DPOs) working in public bodies and government departments, it has already been claimed that they are being overwhelmed by data subjects, to know what data to put on them has gone.
The number of DSARs has doubled in the two years since the GDPR came into law. Most businesses are not set up for this multitude of requests, to ensure that your business has its own records of processing activities and retention policies well defined and actionable before any potential requests are hit.
The entire situation has been further affected by the unique level of staff turnover due to the Covid-19 epidemic. Disgruntled former employees are likely to suffer harm because they know their own DSARs can cause issues.
3. Brexit and Data transfers
There are main aspects to consider with how your business contracts with the several circumstances. Businesses want to consider the tide of their individual data and know where transfers of private data are happening. Presently, personal data can stream easily between other countries (in the EU) without having suitable protections in place.
The UK government has stated that data transmission will no longer be limited from 1 January 2021 and may continue to stream from the UK to the EEA. Therefore, any business referencing EEA data from the UK will still be able to produce. Whether the case will continue is unknown.
At the end of the changeover period, the UK will be measured as a third nation – meaning data handover from the EEA to the UK can be handled properly and businesses are required to rely on appropriate security for data handover Will happen.
Your business nowadays must recognize that data handovers exist everywhere and are protecting data from point of view of security. They should also modify all their privacy information and documents so that they can classify any small changes that are required at the end of the change period.
4. Data breaches are increasing
The rush to create at-home occupation list businesses will need to be accepted by new employed practices more rapidly than usual. In various cases, various had no superlatives to place themselves outside their dangerous parameters.
Industries may have to reduce their cybersecurity to facilitate homework and introduce new technology without specific arduous and selective calculations.
The amount of data breaches has increased drastically over the past few months, where cybercriminals have undermined these new risks. To continue your level of compliance you should disseminate Risk Assessment and Strategy and Method Interval Analysis to identify where threats are presented.
It interprets an average of 206 days to classify a data breech and there are signs that cybercriminal are trading new methods.
It is a real possibility that almost businesses have been positively attacked and not yet identified – so businesses should measure whether the damage is complete as soon as they identify and close the vulnerabilities or flaws.