{"id":72953,"date":"2023-07-25T09:57:55","date_gmt":"2023-07-25T13:57:55","guid":{"rendered":"https:\/\/jumpcloud.com\/?p=72953"},"modified":"2023-08-31T09:39:53","modified_gmt":"2023-08-31T13:39:53","slug":"data-privacy-laws-smes","status":"publish","type":"post","link":"https:\/\/jumpcloud.com\/blog\/data-privacy-laws-smes","title":{"rendered":"Data Privacy Laws for SMEs: Stay Compliant in 2023 and Beyond"},"content":{"rendered":"\n
\u201cThe house of every one is to him as his Castle and Fortress as well for defense against injury and violence\u2026\u201d\u2014 Sir Edward Coke, English judge, and jurist.<\/em><\/p>\n\n\n\n Coke uttered the famous words across the pond more than 400 years<\/a> ago. For centuries, the legal precedent has underpinned the right to freedom from intrusion. <\/p>\n\n\n\n One can only imagine what Coke would think about today\u2019s ongoing privacy debate between consumers, big tech, and legal systems. <\/p>\n\n\n\n No longer are homes the only places we store personal information. Today\u2019s companies have multiple options (and incentives) for collecting, storing, and sharing data. <\/p>\n\n\n\n As the IT admin of a small-to-medium-sized enterprise (SME)<\/a>, what do these developments mean for you? And what are the essential things you need to know about data privacy laws?<\/p>\n\n\n\n Keep reading to learn more about data security versus data protection, the history of data privacy laws, and the most relevant laws in the U.S. and Europe. In addition, we\u2019ll share our best tips on how to strengthen your compliance efforts.<\/p>\n\n\n\n The topic of data privacy entered the world stage in 2018. That\u2019s when the Facebook-Cambridge Analytica<\/a> scandal flashed across news headlines around the world. The New York Times<\/a> reported that the company harvested the Facebook profiles of 50 million users, without their permission, for nefarious political purposes. <\/p>\n\n\n\n Shortly after, several high-profile data breaches further emphasized the need for enhanced data privacy and security regulations. AT&T, a huge telecommunications company, disclosed that the personal information of around 9 million customers had been compromised in a data breach<\/a>. The breach revealed sensitive details such as individuals’ names, wireless account numbers, phone numbers, and email addresses.<\/p>\n\n\n\n The result? <\/p>\n\n\n\n Lawmakers and regulators worldwide are now taking data privacy seriously. Several laws and regulations have popped up in recent years to protect people\u2019s privacy. The most notable and expansive of these are the General Data Protection Regulation (GDPR) in the European Union and the California Consumer Privacy Act (CCPA) in the United States. <\/p>\n\n\n\n We\u2019ll dive into these regulations in a moment, but first, let\u2019s define data privacy laws.<\/p>\n\n\n\n Data privacy laws are mandates that govern how organizations can collect, use, and share personal information. The laws exist to protect individuals from having their personal data mishandled or misused.<\/p>\n\n\n\n In addition, data privacy laws set standards for how organizations must handle and secure data and give data subjects rights over their information. This often includes the right to know and permit what information is collected, the right to have it erased, and the right to object to its use. <\/p>\n\n\n\n The specifics of data privacy laws vary from country to country. But they all aim to achieve the same goal: to protect people\u2019s information from falling into the wrong hands.<\/p>\n\n\n\n The benefits of data privacy laws for individual data subjects are self-evident. However, they may seem somewhat burdensome for corporations.<\/p>\n\n\n\n After all, complying with data privacy laws requires significant time, resources, and money investments. But make no mistake, adhering to data privacy laws is not only the right thing to do, but it\u2019s also good for business.<\/p>\n\n\n\n In a world where data breaches are becoming increasingly common, customers want to work with companies they can trust. <\/p>\n\n\n\nData Privacy Laws and Why They Exist<\/h2>\n\n\n\n
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What Are Data Privacy Laws? <\/h2>\n\n\n\n
Benefits of Data Privacy Laws<\/h3>\n\n\n\n
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1. Enhance Consumer Trust (and Credibility)<\/h4>\n\n\n\n