Personal Privacy Laws and Your Small Business

There’s a lot of personal information your business collects as part of running small-scale businesses. Some of it may be sensitive personal information that is a distinct type of data that receives additional protection under privacy laws. The laws vary from one country to the next as do the types and amount of personal data.

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

The laws that govern personal information will vary by region and industry, but it is crucial for businesses to be aware of the types of information they are legally required to safeguard. A lot of these laws will require you to outline your policies and have people agree to them as part of their business relationship with you.

It’s a good idea to conduct an inventory of the personal data that your company has. This will help ensure that you are compliant. This means you’ll need to look beyond the documents in your file www.bizinfoportal.co.uk/2021/04/15/identifying-the-business-finance-function-you-may-have/ cabinets, and in addition, the data stored on mobile devices, laptops home computers, USB flash drives, or digital copiers. You’ll be amazed by how much personal information your company has.

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