Managing Risk and Adopting Sound Privacy and Security Standards
The potential for misuse of sensitive personal information has triggered legislative and regulatory action worldwide – the risks are high. Privacy laws are continually evolving, vary by jurisdiction, are interpreted unpredictably, and are in a constant state of flux.
Data Privacy Act
The Data Privacy Act (DPA) is a legal framework that recognizes your customer’s right to privacy and your company’s obligation in the legitimate, transparent and fair use of customer data. The National Privacy Commission (NPC) is the government-agency responsible for the implementation of DPA. It provides a platform for customers to raise complaints on data privacy and it provides the means for penalizing non-compliant companies.
5 Pillars of Compliance
Appoint a Data Protection Officer
Conduct a privacy risk or impact assessment
Develop a Privacy Management Program and Privacy Manual
Implement privacy and data protection measures
Regularly exercise your breach reporting procedure
Phase 1: Data Privacy Assesment
Deliverable: Gap Analysis and Data Privacy Roadmap
Phase 2: Data Privacy Compliance
Deliverable: PMP, Data and Security Policies
Our Business Value
Overview
The potential for the misuse or mishandling of sensitive personal information has triggered legislative and regulatory action worldwide. Penalties for non-compliance include both imprisonment and fine ranging from 1-7 years and PhP100K to PhP5M respectively. The risks are higher if you consider the reputational loss that drive customers and partners away and how these incidents are amplified with social media exposure.
Expertise
These privacy laws are new and continuously evolving with additional circulars constantly being issued and companies can struggle in interpreting the requirements. The guidance from bneXt cybersecurity experts will eliminate the guesswork, fast track your DPA program and ensure that your company gets it right the first time.
Compliance
bneXt with its network of practitioners working in the private and government sectors, provides concrete and guaranteed steps on how to meet all your DPA requirements. With bneXt you have a team of experts, experienced and certified cybersecurity practitioners who guides your company in both the governance and technology aspects of DPA compliance.
bneXt helps you find what you want to BE NEXT as a company and help you plot your course and create a roadmap towards Digital Transformation.
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