In 2023, companies reported 72% more data compromises than in 2022. Companies are using more data because of new digital tools like machine learning and large language models. More data means increasingly complex data management compliance rules, and new tech means various regulatory updates.
Complex data compliance regulations mean it’s harder to implement the latest data compliance requirements. Read on to learn more about keeping your compliance strategy up-to-date.
Understanding Data Compliance Regulations
Data compliance regulations obligate organizations to protect customer data against unauthorized use. In most industries handling personal data, you’ll need to demonstrate secure data storage practices and make correct use of access controls and encryption.
Organizations are generally obligated to keep detailed documentation of their data handling activities. They also face regular audits from the regulators. Failing an inspection could result in hefty fines and reputational damage.
Feeling Confused?
If you’re confused over the regulations, you’re not alone. Many companies are struggling with new regulatory awareness, leading to unintentional breaches, non-compliance and spiraling IT labor costs.
Without the right compliance expertise, you could find yourself spending a fortune on ineffective data storage that doesn’t even comply with your industry-specific regulations.
Addressing the Confusion
In an ever-changing regulatory landscape, you need experts on your side who can help boost your compliance awareness. It’s crucial for your IT support team to excel in both their technical skills and their ability to share their expertise. Your IT team should offer regular training sessions to ensure your whole company understands compliance measures.
Your IT team should also help you come up with a strategy well-suited to the latest software and hardware trends and regulatory changes. With the right IT expertise, your company can keep in constant lockstep with compliance changes. The best IT teams can even correctly predict compliance developments in advance, allowing their companies to get ahead of the curve.
You Need Cybersecurity Training
In the world of cybersecurity, the human factor is always the weak link. While cybercriminals might struggle to get past the latest firewalls, they can always rely on tried-and-tested social engineering methods.
While specific data requirements may change, the biggest risk of non-compliance is almost always human error. Workers are often anxious about compliance, and smart cybercriminals may exploit this through cunning phishing campaigns.
Your data security posture is only as strong as your weakest link. Investing in software and hardware is a crucial part of compliance, but don’t forget to keep up with training your employees to recognize the latest cyber threats.
Get the Support You Need
Full compliance with data compliance regulations requires a knowledgeable IT team. With a dynamic compliance strategy paired with continuous education and training, you’ll ensure ongoing compliance and security.
Pegasus Technologies offers all this and more, with almost two decades of industry expertise and competitive pricing, we’ll keep your organization fully compliant with the latest data standards. We can also help keep your IT systems running smoothly, with maximum uptime.
We have locations in Kennett Square, Wayne, and Media, PA. Contact us today, and let’s discuss your compliance needs.
