The increase in level of awareness in data privacy had brought about a stricter data protection enforcement. Today, regulatory authorities had moved forward in preparing organisations into more considerable fines as the number of organisations that depend greatly on data for better marketing input and business decisions making continue to rise. Organisations that do not have a proper data protection plan are highly at risk in facing fines and lawsuit which in the end may lead to reputation damage. In order to avoid such impact, it is best for an organisation to start off a proactive steps in their data protection plan. One of it being the implementation of Privacy Enhancing Technologies (PETs). What are the challenges in the implementation of PETs in organisation?
When implementing PET in the organisation, there are three factors that should be taken into consideration; 1. Whether the chosen PET application give significant impact in line with the objective of the organisation, 2. The qualitative and quantitative benefits of the chosen PET application in organisation, and 3. One-time and ongoing cost when implementing the chosen PET application.
While the many benefits of PETs are compelling, it still relies on the cost of implementation. The cost, however, maybe higher or even lower, depending on the way an organisation designates the chosen PET application in their data protection plan. One of the reason is that PETs come in various types with different price tags. Depending on the benefits and ability to meet objective in mitigating risk, an organisation may be able to make improvement in their data protection plan with little investment.
In the case of integrating PET into the system, the cost of adopting PET into a newly developed system is less than the cost of implementing PET into the existing system. This is because the existing system has to carry out a particular activities twice thus increasing the cost of adopting of PET into the system.
The cost of implementation of PETs also include recruiting new employees or trainers. Since PETs involve the use of new technologies, expertise or trainers are needed in organisation to implement the application of PET. This give rise to the cost in the application of PET.
All things considered, the implementation of PETs is indeed a challenging process to an organisation. Nevertheless, with the benefits offered by PETs, getting your organisation involves in those challenges is worthy as compared to being tangled into never-ending cases of data breaching issues.
E-SPIN Group in the enterprise ICT solution supply, consultancy, project management, training and maintenance for corporation and government agencies did business across the region and via the channel. Feel free to contact E-SPIN for your cyber exposure (risk, asset, vulnerability and threat management).
