Apex Technology Blog

Despite what detractors say, regulations are in place for good reason. They typically protect individuals from organizational malfeasance. Many of these regulations are actual laws passed by a governing body and cover the entire spectrum of the issue, not just the data involved. The ones that have data protection regulations written into them mostly deal with the handling and protection of sensitive information. For organizations that work in industries covered by these regulations there are very visible costs that go into compliance. Today, we look at the costs incurred by these organizations as a result of these regulations, and how to ascertain how they affect your business.

As data collection by businesses becomes more prevalent and complex, so too do the legislative and legal policies relating to the protection of that data. This goes for if your business operates in the health industry and has to comply with HIPAA, or you handle large amounts of international clients and need to ensure your data collection methods are compliant with the European Union’s GDPR requirements, or any other number of legal and legislative requirements that might exist for your business at the local, state, federal, and international levels. Ensuring compliance saves your organization money and reputation over time, but can be a daunting and complicated process.