An individual’s personal data is precious currency in the digital age. Organisations that understand this leverage on the increasing amounts of data they collected in fueling their businesses.
However, consumers are also becoming more aware of how important their data is and what it means when they grant companies access to it. Data privacy is a big deal, and organisations that know how to navigate the compliance roadmap well stand to benefit in the long run.
In Singapore, an individual’s rights to data privacy are encapsulated in the Personal Data Protection Act 2012 (PDPA) which governs the collection, use, and disclosure of personal data. This is not a one-way street, though. PDPA acknowledges both:
Navigating the PDPA compliance roadmap can be confusing, especially when there’s just a lot of information to take in. We at Privacy Ninja understand this, that’s why we have prepared a tailored PDPA training to suit your business. If you would like to get a good overview and understanding of the PDPA and how it may be applied to your organisations for compliance, you came to the right place. Get started today. >>>
The benefits of achieving full compliance with PDPA are:
Also Read: What Does A Data Protection Officer Do? 5 Main Things
Under the PDPA, there are 10 areas that companies must constantly monitor to ensure all compliance bases are covered and executed.
Also Read: Key PDPA Amendments 2019/2020 You Should Know
Organisations who fail to adhere to full PDPA compliance not only risk getting penalised (now increased to up to 10 percent of a company’s annual turnover in Singapore), but may also lose credibility and the trust of their customers and stakeholders.
It is much easier to begin cultivating that culture of compliance and awareness within an organisation than risk facing the consequences of non-compliance. Let us know how Privacy Ninja can help you get started on your journey to PDPA compliance with our range of service offerings. We are here to help!
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