What You Need to Know About Technology, Your Business, and the Law

19th September 2023

Technology can both help and hinder a business’s attempts to stay compliant and adhere to the law. Knowing what technology can do for you, as well as the risks that it presents, is important, and here is a guide that can give you all the most important information available.

The Risks When Using Technology

Technology can open you up to a number of risks. Not only may you find that hackers and cybercriminals attack your company, commit fraud, or leave your digital platforms unusable, but you might also find that technology is a risk as sensitive and private information can get leaked, and you might also find that your tech crashes and leaves you without any way to conduct business. Luckily, there are laws in place to help you combat some of the threats that tech presents you with.

The Law When Using Technology

The laws that businesses have to adhere to in the real world and the digital world are entirely different. For instance, if you are running a company that is based on the internet, you will need to be careful when it comes to data protection and GDPR, especially if you store your customer’s details, such as their credit card numbers. This makes it important that you encrypt all of the data on your computer and that you use a trusted payment provider. You will also need to take steps to secure your website against hackers. You should also ask your customer’s consent to collect information, give customers control over their data, and make your GDPR policy public so that your customers can read where you stand on it if they wish to.

You will also have to follow e-commerce regulations and ensure that you are doing as much as you can to make your website and your technology secure. For instance, you should be installing anti-virus software and security systems and should be checking your tech regularly for signs of issues. You should also be training all your employees to ensure that their actions are in compliance with the law and to make sure that they know what needs to be done to keep your business’s, as well as customers’ information, safe.

How Tech Can Help You Stay on the Right Side of the Law

Technology can also help you to stay on the right side of the law, though. For instance, GRC software is incredibly useful as it will allow you to streamline all your risk management and health and safety compliance processes. It will allow you to identify and assess risks quickly and can help you to manage internal audits. This means that you will quickly be able to live up to the industry standard and that you will not slip behind other companies within your industry. This means that you will be able to keep your employees and your customers as safe as possible and protect your business from threats, while reducing the burden that needing to stay compliant can put on yourself due to its extensive workload. You should look at what software is available at surecloud.com to see whether it could be useful to you.

From a global security operations center to a risk management platform, there is a range of options available depending on your business’s specific needs. This will ensure that you are always on top of your compliance obligations and can focus on running your business efficiently.

If you are struggling to stay on the right side of the law, you should also call in IT support services, as they will have all the latest information about changing laws that you need to stay compliant while using tech.