If you run a business, you’re no doubt aware of the importance for valid data protection. The data protection act is clear on what you need to protect, since you often obtain and store personal information from your clients.
Yet, when it comes to more specialized areas of technology, there are a few more rules and regulations that come into play. With this in mind, here is a quick look at one of the most important standards to meet, the PCI DSS, as well as another well recognized security standard, the ISO 27001.
Having both of these standards met will result in a very safe and secure business, one that customers will be happy and safe to give data to.
So, let us look at these data security and protection methods to know which ways we could implement them into our businesses for earned customers trust which could eventually leads to more sales.
In focus: Legal Data Security and Protection
This stands for Payment Card Industry Data Security Standard; as the name implies, it’s a legal standard by which you need to secure the information of any cardholder. This is important, given the many ways a customer can now input data into your business.
Whether it’s through physical chip and pin or online data transactions, you have an obligation to maintain a high level of data security from the moment the data is put in.
This can sound rather complicated, so it helps to seek professional advice that’s experienced and knowledgeable in helping you maintain PCI DSS compliance.
The needs vary from company to company, but if you utilise any such information, it’s important to ensure your data is secure at any given point. This is highly valuable data for your customers, so they also need to know you’re fulfilling your legal obligations to keep their financial data secure.
Another way to ensure a safe system is to utilise one of the standards set by the International Organisation of Standardisation. As the name suggests, this organisation creates a series of industry standards; undertaking one gives both security and credibility to your company. One of the most currently recognised and used standards is ISO 27001.
Unlike PCI DSS, this looks at various data security aspects, checking that a well rounded and fully covered security system is in place. This is a formal specification, but being able to be ISO 27001 compliant is a certificate to the standard of your security. This can reassure yourself, customers and other businesses you come into contact with as it advertises the measures your company has gone to.
At what level can you go to make sure your customer’s data is secure at your care? If you can answer this question with ease, it means you have been able to pass the phase of online data security measures that needed to be put in place for a secure online transaction experience. So, go perform the needed action by making sure your business keeps user data as promised.
Q&A Session on Online Data Security
Your younger sister is half-dead on hospital bed and what was needed to get her back on her feet walking, hale and healthy is a pill of drug. But the medicine isn’t within your reach unless you make a quick-delivery order from a nearby Jonax chemist store in your household (one and only store that sells the kind of drug in your town).
Unfortunately, you do not have physical cash on you except on the MasterCard in your purse. And the drug must be administered to the patient within the next 2 hours or else, the worse incident will take place.
In this kind of situation, “can you give your financial data to the store without a sign of assurance on your data?”
Let’s be realistic?
I want to read your honest arguments, comments below….thanks for reading this.