Managing Your Data Privacy Risks – Data Privacy Services

Managing Your Data Privacy Risks

The age of data protection and privacy

The data generated by consumers’ increasing adoption of digital technology creates both an opportunity for enterprises to engage with their consumers and a responsibility to keep the data safe. Such data, including personally identifiable information, are valuable. Organizations use it to better understand consumer pain points and needs. These insights help to develop new products and services, and to personalize advertising and marketing.

Companies today face increasing pressure from regulators and the marketplace to improve how they collect, use, store and delete personal information, and how they manage data privacy. Frequent high profile data breaches by some of the largest companies in the world over recent years has led to growing focus on privacy rights and increasingly strict data protection enforcement.

Therefore, the risks for companies collecting personal data have also grown substantially.

Data Privacy laws and standards in the UAE

The following are some key governing data privacy standards from bodies in the UAE:

• ADGM privacy law
• DIFC data privacy law
• UAE federal law
• Department of Health, Abu Dhabi standards
• Data Protection Standard
• Dubai Healthcare City Data Protection Standard

These laws enforce data protection by making business entities responsible for it. Businesses must be transparent about the collection of consumer data. For example, registering as ‘Data Controllers’ at ADGM. Data should be collected by consent and made available to the consumer on demand.

Data protection regulatory compliance for organizations

The following are important pointers for organizations to stay compliant with privacy requirements :

1. Consider all other applicable laws around the world, not only the local laws
2. Prepare data protection policies and procedures, response plans for managing incidents, records of processing activities, and overall control over the management of personal data
3. Train employees and drive organization-wide awareness of privacy issues and programmes
4. Assess data-collection purpose and the level of security in processing that personal data
5. Be clear about how to protect consumer data. All privacy regulations give consumers ownership rights over their personal data, such as the right to access, remove and amend them
6. Assess new product/service/process launches vis-à-vis consumer data and privacy laws

Achieving compliance with MBG Corporate Services

MBG’s Data Privacy and GRC services ensure Data Protection and Privacy regulatory compliance and provide strong organizational controls like user access management and cybersecurity.

Email: uae@mbgcorp.com Call / WhatsApp: +971 52 640 6240