The deadline for GDPR compliance has passed, which remains important even for companies operating outside the EU.
Canadian businesses with EU clients and partnerships are held to these new operating standards and can face severe penalties if found to be non-compliant.
While that may not seem important to some Canadian businesses, it is only a foreshadowing of upcoming changes to PIPEDA compliance.
Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) is strengthening its policy with an amendment going into effect November 1, 2018, that requires mandatory reporting for breaches and updated recordkeeping requirements.
If consumer personal information is compromised by a data security breach, businesses will be required to alert the Office of the Privacy Commissioner of Canada and all affected Canadian consumers.
Data security compliance is very serious, yet many businesses have put necessary policy changes on the back burner.
However, fines are not the only factor businesses should be considering. Clients, potential partners, and consumers all desire proper data protection. By neglecting compliance, Canadian businesses are putting their own success at risk.
Office 365 and Azure as a secure solution
For those businesses interested in a multi-pronged platform that improves compliance, Office 365 and Microsoft Azure, can be an ideal solution. Microsoft Azure provides organizations with a reliable, scalable, and secure infrastructure environment with Canada-based data cloud services and storage.
With Office 365, all of your data is housed in the cloud, minimizing potential IT infrastructure damage resulting from malware threats and phishing attacks. This agility means that your business can have a fast response to security threats, as well as remain competitive. The secure infrastructure offers peace of mind to the business and its partners and clients. Microsoft is also tapping into how AI can help businesses protect their data, offering information that will assess and compare the security levels of one business to that of other organizations.
No organization can afford not to be in compliance
Many businesses remain non-compliant because they believe they cannot afford to invest in proper cybersecurity measures. However, businesses can’t afford to not invest. Failure to comply with new regulations can result in millions of dollars’ worth of fines, and breaches are costly in terms of more than finances.
Compliance is critical for every organization, and an MSP can ensure that your business has the tools necessary to meet compliance requirements. The ITeam is an authorized partner MSP for Office 365 and Azure. We transform unexpected costs into predictable monthly expenses, allowing your business to invest in an infrastructure that fits your unique needs. To learn more about our Microsoft services, contact us.