Personal Privacy Laws and Your Small Business

www.bizinfoportal.co.uk/2021/04/15/identifying-the-business-finance-function-you-may-have/

There’s a great deal of personal information your business collects as part of running a small business. Some of it is sensitive personal information that falls under a specific kind of data that is given additional protection under privacy laws. The laws differ from one country to another, as do the types and quantities of personal information.

Sensitive data is defined differently by different privacy laws, but it is typically comprised of genetic information and ethnic or racial origin sexual orientation, gender identity, as well as religious beliefs. It could also include the address of a person’s residence, phone number or social security number. It can also include biometric information like fingerprints or electronic signatures.

It is essential that businesses are aware of the laws that govern personal information and personal information, as they differ by region and industry. The majority of these laws require you to define and acknowledge your policies as part of doing business.

It’s a great idea to make a list of all the personal data that your company holds. This will help you ensure that you’re compliant. This means more than reviewing what’s in your file cabinets, and looking for information stored on mobile devices, laptops, laptops home computers, flash drives or digital copiers. You’ll be amazed at how much personal information your company holds.