It could happen to anyone a leak, a hack or a loss in their personal data storage system which imposes a risk to the rights and freedoms of natural persons. But how to react to a breach? Although probably everybody advocates transparency in data processing, the majority of reactions to such a breach is to try and hide it. the Equifax case shows that once again. The obligation to report and fines will come into force on May 25, 2018 under the General Data Protection Regulation of the European Union. Data breach and other data protection policies can help counter such issues.
The use of policies
Policies and procedures in general help to identify and to react to situations where action is needed. Once you have a policy, you can make your employees aware and train on how to react, and to resolve or escalate the issues. If you need help defining your personal data breach reporting policy, whistle blowing policy or need to understand when to report and to whom, we will be glad to be of assistance.
Do contact us if you would like more information on the subject. Business Advice Spain is highly experienced in Data Protection matters. It has helped American companies for the last 15 years establish themselves in Europe.