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Companies Must Take Responsibility for Data Security and Face Lawsuits
Companies in Peru are being held accountable for failing to protect their customers’ personal data. The country’s data protection authority (DPA) has tripled its enforcement efforts, conducting dawn raids and imposing strict sanctions on firms that violate the Personal Data Protection Act (PDPA).
Ensuring the Security of Sensitive Information
The move is seen as a significant step towards ensuring the security of sensitive information in Peru. However, experts say that companies must take responsibility for their own data security and be prepared to face legal action if they fail to do so.
“We recommend that companies conduct thorough compliance assessments on their target firms during mergers and acquisitions deals,” said [Lawyer’s Name], a leading expert in cybersecurity and data protection law. “This includes identifying potential privacy and security risks, quantifying them based on their severity, and using that information to negotiate the transaction.”
Consequences of Non-Compliance
The PDPA requires companies to protect personal data from unauthorized access, disclosure, or processing. Failure to comply with the law can result in fines of up to US$126,910.
Recent cases have shown that companies must take proactive measures to ensure the security of sensitive data. For example, a firm was fined for requiring its workers to provide excessive personal information without a valid privacy policy.
Increased Enforcement Efforts
The DPA has also been cracking down on firms that fail to protect their customers’ personal data. In 2017, there were 1,937 criminal complaints opened against companies for violating the PDPA.
Experts say that the increased enforcement efforts are a welcome step towards ensuring the security of sensitive information in Peru. However, companies must take responsibility for their own data security and be prepared to face legal action if they fail to do so.
Choosing the Right Lawyer
“When choosing a lawyer to help with cybersecurity, clients should look for experience in privacy and information security, as well as a technical understanding of IT systems,” said [Lawyer’s Name]. “A purely legal approach will not suffice given the complex nature of cybersecurity and data protection.”
The Changing Landscape of Privacy Law
The changing landscape of privacy law in Peru has also led to an increase in lawsuits against companies that fail to protect their customers’ personal data. The General Data Protection Regulation (GDPR) has also been adopted by some firms located in Peru, which requires them to implement stricter data security measures.
Types of Cybersecurity Incidents Companies Should Be Aware Of
In Peru, companies should be particularly aware of certain types of cybersecurity incidents depending on their industry. For example, firms in the banking and e-commerce sectors are at risk of skimming, pharming, and phishing attacks.
The Peruvian government has also been working to combat cybercrime, with the creation of a High-Tech Crimes Division within the National Police. However, more needs to be done to address the issue, including improving data collection and analysis.
Conclusion
Experts say that companies must take proactive measures to ensure the security of sensitive information in order to avoid legal action. This includes conducting regular compliance assessments, implementing stricter data security measures, and being prepared to face legal action if they fail to do so.
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