Week 10 - Data, Analytics, and Legal Requirements Flashcards
(9 cards)
What is one of the most profound issues facing 21st century organisations?
securing data security against a variety of internal and external threats
How does analytics maturity relate to security?
-corporate governance and DM
-extent of consumer control features
-corporate data breaches
-system hacking
Why was the Privacy Act 1988 introduced?
to promote and protect the privacy of individuals and to regulate how gov agencies and orgs handle info
What is the minimum annual turnover of orgs the Privacy Act 1988 generally governs?
$3 million
What does GDPR stand for?
General Data Protection Regulation
What region does the GDPR apply to?
The EU
When do orgs outside of the EU have to conform to the GDPR?
if they operate in the EU
What are the 7 GDPR principles?
- lawfulness, fairness, and transparency
- purpose limitation
- data minimisation
- accuracy
- storage limitation
- integrity and confidentiality
- accountability
What does India’s new and first data privacy law - Digital Personal Data Protection Act 2023 - do?
Requires consent to be taken before personal data is processed and provides a limited number of exceptions