Major Privacy and Security Regulations
All of the privacy and security regulations should be taken into consideration while defining policies and procedures for an organization.
The purpose of regulations like HIPAA, GDPR, data security standards, and many other regulations is to actively prevent unauthorized access and to safeguard data through all means. These regulations make sure that organizations create comprehensive data management strategies, including data security, privacy, and data protection to safeguard customers and consumers at large.
There are multiple major privacy and security regulations affecting data security standards in countries across the world. Some examples of region- and country-specific rules/regulations and laws are seen here:
European Union: Data Protection Directive of 1998
Italy: Data Protection Code of 2003 Italy: Processing of Personal Data Act, Jan. 1997
Australia: Privacy Act of 1988
Brazil: Privacy currently governed by Article 5 of the 1988 Constitution
Canada: The Privacy Act – July 1983, Personal Information Protection and Electronic Data Act (PIPEDA) of 2000 (Bill C-6)
Chile: Act on the Protection of Personal Data, August 1998
India: Information Technology Act of 2000
United States: Some examples of the regulation of the United States are Federal Information Security Management Act (FISMA), Privacy Protection Act of 1980 (PPA), Video Privacy Protection Act of 1988, etc.
There are industry-specific (financial, telecommunication, health care, infrastructure, and energy, etc.) protection and security laws within the country. There could be state laws along with country-specific security laws; e.g., California Senate Bill 1386 (SB 1386).
GDPR (general data protection regulation) is a set of data privacy laws enacted by the European Union to ensure consumer privacy. These laws have become an international standard across industries. The purpose of the law is to ensure the privacy and safety of data that can be exploited. The personal identification data is defined as data by which a person can be identified; e.g., name, SSN, address, etc. Such data privacy standards should be put in place to ensure a comprehensive data strategy is in place for data security. This data security strategy includes successful identification and classification of personal identifiable) PI data. As part of GDPR, organizations have to disclose policies and procedures that are implemented and governed across organizations. This law gives the right to consumers to determine how their data can be used. In the absence of implementation of these policies and procedures, or in the case of data breaches, heavy penalties are imposed upon those organizations.