Why The Privacy Act May Be Opening The Door For Criminals To Attack

Why The Privacy Act May Be Opening The Door For Criminals To Attack
By Jake Orton

The UK Privacy Act may not be protecting data and keeping data as safe as company heads and government officials want to believe. It may not be a problem for residents who do not expect their data to be accessed by foreign entities, such as foreign companies overseas. However, what some data is accessed by foreign companies and their protection measures are not up to par with the Privacy Act. Will that invite hackers to also be able to penetrate UK data sources and lead to companies needing Raid data recovery or data recovery from a hard drive.

It may not be a surprise that data losses are costing businesses �10.5 billion pounds annually. With customers concerned that their data will wind up in the hands of hackers, business owners may have a difficult time securing their data. Allowing foreign businesses to provide information may make businesses the weakest link. What if their algorithms are not changing enough to keep hackers from guessing sensitive information? If hackers can crack foreign companies that companies are working with, it may put businesses at risk. If foreign companies do not have their network defenses up-to-date, it may mean companies' data is not secure and open to viruses and hackers. Even if a company does pay for recovery from a hard disk drive or to have a specialist do recovery for a Mac, it is no guarantee that data will be recovered successfully.

What's the solution for UK Companies?

Should foreign companies to be required to use the same security measures as UK companies and be required to abide by the Data Privacy Act? Should partners or third parties that work with UK companies be required to use encryption? Would standard guidelines help UK companies protect their data better when they are working with third-parties? For now, there may be no clear solutions.

Would better policing and stricter regulations keep UK businesses from suffering such troubling data losses and having to pay such hefty fines? It may also save some UK companies from having to close permanently. Since more than 45 percent of UK businesses that suffer a data loss that affects their business and leads to downtime of more than 3 days, businesses run the risk of having to close. It is harder to pay operating expenses and obtain a profit. On top of the losses, it could also mean companies must pay for Raid data recovery, data recovery from a hard drive or data recovery for a Mac.

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