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The keys to data protection for companies

The keys de la protección de data to companies

The keys to data protection for companies

Having a company means being up to date in a lot of different subjects. From accounting, marketing to legal issues, a CEO must have knowledge in different sectors to apply it to the development of his activity.

One of the pending subjects of most companies is the Data Protection, something that is increasingly regulated and that is worth taking into account when using information related to your clients.

What is the Data Protection Act?

It is a regulation that aims to Personal data protection, which is divided into low, medium and high levels. The first level includes, for example, personal data such as names and surnames, and the highest level includes data relating to sexual life, gender violence or beliefs of any kind.

Companies constantly use information about their customers but also about those consumers who are likely to buy their products, which is why this regulation aims to lay the foundations for the proper use of these data and penalize their misuse.

How does the Data Protection Act affect companies?

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All companies have a series of obligations regarding the data they use, and failure to comply with them could result in a fine from the Data Protection Agency, which will depend on the severity of the act. These are the company's obligations:

  • Register the files in the General Data Protection Registry for possible follow-up.
  • To guarantee that the data held by the entity are true and of quality.
  • Information relating to people must be kept secret. Therefore, companies must implement security mechanisms to ensure this.
  • To obtain it, the company must have the consent of the person and must inform the user of its future use.
  • The citizen has the right to access to your data, to rectify them, to cancel them and also to oppose their collection.

What are the main failures in data protection?

Some companies, either through ignorance or deliberately, fail to comply with some of the premises we talked about earlier. For example, it is very common that The user is not informed of the collection of this information or the purchase of databases by some entities, a very common practice that is not lawful, since the user has not given consent for the sale of their information to another company.

Sometimes companies also fail to pay attention to security issues when storing and using data, which could lead to third parties gaining access to it and using it fraudulently. It is the company's responsibility implement the necessary protection mechanisms to prevent theft of information.

Consequences of non-compliance with data protection regulations

The theft of information is not only detrimental to the user, but also to the company, which could see its their equipment is attacked or its operation is affected. In addition, the Data Protection Agency applies significant sanctions, ranging from minor offenses to the most serious acts. The financial amount of these punishments can range from 900 to 600.000 euros.

Any user can report misuse of data, so the Agency will begin an investigation to clarify the facts and sanction the company if appropriate.

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Don't hesitate to download Our free guide to learn more about this topic:

https://mkt.apser.es/contenido-no-activo

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We help companies from different sectors and sizes to innovate and adapt to new scenarios to achieve their objectives in Cloud Infrastructures, Analytics, Transformation through Generative AI & Machine Learning and User or Customer Service.

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Last updated October 2024

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