In today's digital world, startups and SMEs confront a variety of issues when it comes to securing personal and sensitive data, as well as systems from cyber attacks and regulatory noncompliance. Data protection, cybersecurity, and compliance are key ideas that startups and SMEs must understand and put into practice in order to secure their assets and maintain company continuity.
There are many terms and roles in the world of data protection and privacy that can be confusing. The controller, processor, and data protection officer are three of the most commonly misunderstood roles. Understanding the distinctions between these roles is critical for ensuring compliance with data protection regulations and protecting your customers', clients', and employees' privacy.
Greetings and best wishes for a secure, privacy, and compliant new year for you, your loved ones, and your business!
The European Union and the United States entered into the EU-US Privacy Shield Framework, which enables US businesses to obtain personal data from the EU in accordance with EU data protection rules. However, Schrems II, which the EU Court of Justice rejected in July 2020, is no longer in use. This makes it impossible for companies to use it to move personal data from the EU to the US.