The Ninja Sensei’s Logbook: Privacy Awareness Week and You
This year’s Privacy Awareness Week has come and gone, held annually to increase awareness about privacy and personal data protection concerns.
We at Privacy Ninja gladly support events such as this one, which aims to educate individuals and organisations regarding the critical nature of data privacy and protection. We take it as a must to minimise the growing cases of data breach in the future.
𝐖𝐡𝐚𝐭 𝐬𝐡𝐨𝐮𝐥𝐝 𝐨𝐫𝐠𝐚𝐧𝐢𝐬𝐚𝐭𝐢𝐨𝐧𝐬 𝐤𝐧𝐨𝐰?
Data is fast becoming the most valuable asset for both organisations and malicious actors. While it is true that organisations are fortifying their cybersecurity measures each year, they need to understand that cyber actors are also improving their tactics just to penetrate their systems.
Organisations, therefore, must not be complacent with their safeguards and should always implement tighter regulation and increased consumer awareness. They should also rethink their approach to data security when it is not efficient in blocking breaches.
𝐖𝐡𝐲 𝐢𝐬 𝐏𝐫𝐢𝐯𝐚𝐜𝐲 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 𝐖𝐞𝐞𝐤 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐟𝐨𝐫 𝐎𝐫𝐠𝐚𝐧𝐢𝐬𝐚𝐭𝐢𝐨𝐧𝐬 𝐡𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐩𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐝𝐚𝐭𝐚?
There are several implications when an organisation fails to secure its client’s personal data.
Aside from the hefty financial penalty imposed by the PDPC, the customer’s trust in the organisation is also at stake. This means that when the organisation suffers a breach, this could mean the end of its relationship.
This makes sense as who would entrust their personal data to an organisation that has the potential to undergo a data breach? This would then lead to a loss of revenue and a tarnished reputation affecting potential future clients.
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