ISO 27001
ISO 27001 is the leading international standard
for managing information security. It establishes
a framework with specific requirements designed
to help organizations effectively manage and
secure information security risks. Though these
ISO requirements are non-mandatory, many
companies get certified to better manage risk and
show business partners and customers that they
take data security seriously.
European Union Artificial Intelligence Act
The European Union Artificial Intelligence Act
(EU AI Act) is a law that governs how AI systems must
be developed and used. Its goal is to ensure that
artificial intelligence systems present in the EU are
safe, transparent, traceable, non-discriminatory,
and environmentally sustainable. It applies different
risk categories to AI applications and stipulates
non-compliance penalties of up to 35 million euros
or 7% of worldwide annual turnover.
Navigating data protection and privacy regulations
The fundamental principles of data protection regulations
BLOG–What you need to know about data protection
and privacy
More examples of data protection and privacy
regulations around the world
• The Data Protection Act, United Kingdom
• Personal Information Protection and Electronic
Documents Act (PIPEDA), Canada
• Bundesdatenschutzgesetz (BDSG), Germany
• Lei Geral de Proteção de Dados (LGPD), Brazil
• Federal Act on Data Protection (FADP), Switzerland
• California Privacy Rights Act (CPRA), California,
USA
• Health Insurance Portability and Accountability Act
(HIPAA), United States
Each law, regulation, or directive will typically have
specific requirements that may or may not apply to your
business and operations. However, if your organization
is already proactively thinking about or investing in data
protection and privacy practices, you're likely on the
right path to compliance.
Responsible organizations do the right thing. They
understand the value and urgency of keeping all data
in their possession secure – whether it's their own or
it belongs to their suppliers, partners, or customers.
They are keen to conduct assessments, invest in tools,
and implement processes that align with the core
principles of data protection and privacy regulations.
It's not because they have to, but because they know it
will uphold business continuity as well as partner and
customer trust.
