Global regulatory legislation is a headache for almost every business, especially large,multi-national corporations. Organizations operating across borders must manage diverse regulations specific to each country. Today, we see an evolution of data privacy-specific laws to formalize, unify and strengthen data protection. Businesses not in compliance with various data privacy regulations face stiff regulatory fines.
Modern data privacy laws started in 2018 when the European Union (EU) implemented the General Data Protection Regulation (GDPR). GDPR affects hundreds of thousands of businesses globally. EU regulation imposes strict data privacy rules. Specifically, regarding who has control and access to digital assets, defining the protection and use of data of European citizens. To date, the EU has issued 340 GDPR fines totaling €158 million.
In the United States, different states and jurisdictions have various data privacy laws. For example, as of January 1, 2020, California enforces the California Consumer Privacy Act (CCPA). The legislation enhances privacy rights and consumer protection for California residents. What these data privacy regulations have in common is they relate to location, access and usage of personal information. The combination of strict data security standards makes it difficult to advance digital business initiatives while avoiding regulatory penalties. Businesses must take a practical approach to meet data privacy requirements.
Managing Complex Privacy Regulations
Controlling access to digital assets is a reoccurring theme regarding managing data privacy laws. As a result, organizations require a multidimensional security model to enforce complex and evolving privacy regulations.
Modern access control technologies like dynamic authorization can navigate compliance. By utilizing an Attribute Based Access Control (ABAC) model, dynamic authorization provides fine-grained access control leveraging a policy based approach. With ABAC, policies are based on the relationships between user attributes. Attributes define who, what, when, where, how and why a user is granted or denied access to a data set.
Dynamic authorization delivers flexible data protection capabilities required to ensure only authorized users receive access to regulated information.
Dynamic Authorization Protects Information and Streamlines Compliance
Data protection has different definitions, depending on the legislation. However, both GDPR and CCPA identify similar requirements companies must follow. Both laws require strict access control methods, the disclosure of personal information collected and the purpose of processing that data. Additionally, the regulations demand businesses give consumers access to their personal data or request that their personal information is deleted. Dynamic authorization supports the data access, data transparency and user consent requirements involved with GDPR and CCPA. ABAC policies provide a contextual and data driven access control relationship, leveraging a precise set of policies and attributes to decide who receives access to sensitive data within an organization. Dynamic authorization enforces precise policies that expose regulated data only to authorized end users, with the ability to mask data
and govern the specific actions users can take.
By leveraging the full capabilities of dynamic authorization, consumer data is protected. In addition, the same ABAC policies extend according to the consumer’s discretion. ABAC capabilities not only protect data against unauthorized access to the information within a company, but they also allow customers to view and correct data. Consequently, users outside the business can also manage their information and grant consent to use or sell data to third-parties.
Dynamic authorization can help large, global enterprises manage complex global data privacy regulations like GDPR and CCPA. By providing a centralized, fine grained policy based approach to access control, organizations ensure compliance and avoid hefty regulatory fines.