Page 41 - BANKING FINANCE November 2018

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a out the Child s consent Data ota ilit Data reach hich there as no consent o tained the Data iduciar
noti ication to the authorities Signi icant Data iduciar ro the Data rinci al n such case Data rinci al a sue
the Data iduciar and Data iduciar lia le or a enalt
Se uri Sa e uar o crore or o total orld ide turno er hiche er
is higher along ith rosecution
nno ati e and trans or ational ro ises high returns
ut the riskiness associated in case dra t la gets enacted
here is an i licit ut un anted e ectation that an
ould seldo e articulated or start u s no the
authori ed user a o e lo ee or ser ice ro ider ill
strategic ocus should also e on co liance o data
not etra the trust lace in hi or her o the Data
rotection
iduciar Data rocessor either intentionall or
inad ertentl en i that ere a relia le control hat
a ing regard to the nature sco e and ur ose o
eaning does trust ha e in an era in hich data sharing is
rocessing the ersonal data undertaken the risk associated
ro oted as an ideal and lucrati e inco e source he
ith such rocessing and the likelihood and se erit o har
oundaries o trust ust e encoded in olic that it is
that a result ro such rocessing the data iduciar and
ho ed ill lead to eha iour Ma e so i the de inition o
the data rocessor shall i le ent a ro riate securit
trust is clear Clarit o the olic ill or erha s a
sa eguard including ste s necessar to re ent isuse
oti ate sta to ollo the rules ut trust ara eters are
unauthorised access to odi ication disclosure or
a eak su stitute or secure eri eters
destruction data leakage o ersonal data
Con lu ion
ut there is no single ans er to the ro le o data leakage
i i ersonnel are issued la to co uters and irtual here is another erha s dee er i lication o the dra t
ri ate net ork access ca a ilities it a e la S ste s that store ersonal in or ation un ortunatel
assu ed that the are e ected to e o ile ork are ore and ore co on in digital age en the ost
re otel and take their data ith the technologicall sa organisations struggle to co er all their
ases lea ing the rone to reaches ig or s all t is
So hat i des ite all s ste le el controls i the e lo ee hardl an original o ser ation that inno ation in in or ation
took hotogra hs o the critical ersonal data and u lished technolog huge data storage and arti icial intelligence is
in gre arket or shared ith the co etitors hat i the changing societ its culture and ore and is doing so at a
sales ersonal shared the contact and e ail address o all di ing and dislocation ace
the custo ers ith so e arketing co anies here
arketing co an ill rocess the data or a ur ose o he dra t la ill ha e i act on renegotiation o the
concluded contracts or o taining consent ro the Data
rinci als deleting the data here it is not necessar to e
retained data rotection o ligations cross order data
trans ers and locali ation Child s consent restriction or
re ention o continuing disclosure o ersonnel data the
Data rinci al legal and contractual o ligation et een the
Data rocessor and Data iduciar non ised data and
non i ation etc and are to e onder u on the
societ and the go ern ent

ut e ha e to e race these legal changes ecause it is
the er necessit o the current scenario and there is no
other alternati e or alternati e data is the onl alternati e
through hich the current ace o inno ation and start u s
can continue

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