In an
article dated 2nd November by "The Straits Times", it was reported
that of all the breaches till October 2021 more than 67% of the cases are
related to a breach in protection obligation. This means companies did not put
in place security arrangement to protect data in their possession. This lack of
security protection led to unauthorized access of these data where hackers may
collect, use and disclose them.
In
today's highly digitalized business environment, many companies collect
personal data in order to serve their customers better. This purpose to serve
customers better may turn into a problem if the data are not properly protected
and secured.
It is
therefore important that companies build trust with their customers by ensuring
they implement proper data protection strategies.
This may
be as simple as as building password and limiting access to the data. However,
as your data size grow due to expansion this may no longer be sufficient and will
call for a detail analysis of the data life cycle so that you can implement the
right data protection strategies to secure the data.
You can
go the PDPC website to access the wealth of resources available there or speak
to us to see how we may assist you.
Remember
that data can give you the business edge, protect them wisely.
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