This document discusses data privacy and security regulations in the UAE. It notes that organizations must comply with increasing privacy regulations, demands for stakeholder profitability, and changing consumer privacy expectations. HLB HAMT can help organizations implement techniques to prevent data loss and align with government data protection laws. Their experts can assess an organization's data security policies, guide compliance with local regulations like NESA and ADHICS, and help reduce risks associated with privacy compliance frameworks. The document also discusses the GDPR and DIFC data protection laws. HLB HAMT provides services like data classification, gap and risk assessments, and security testing to help organizations comply with these regulations.
2. Today’s organizations give predominant importance to increased privacy regulations,
stakeholder’s profitability demands and the ever so changing consumer privacy
expectations. As a result, the emphasis on personal data is growing and the companies
are facing complicated reputational, regulatory and data privacy risk environment.
With the help of HLB HAMT privacy management professionals, you can be better
prepared to face your future with assurance. We can help you implement techniques to
prevent multiple levels of data loss, and help you align with any government instructed
data protection laws or frameworks. We understand that every data is important for the
company, be it your clients, employees, IP related or your bank account related. We will
help you classify your data to identify risks, gaps, weaknesses, etc. along with
opportunities for improvement if any. We can also identify and assess your current data
security policies and suggests improvements on the same.
3. Our expert IT Audit & Assessment team can guide you or help change your operations
to be in compliance with local data protection & regulation laws like NESA, NABIDH
and ADHICS.
Almost all the local data protection and regulation laws focus on protecting a
company’s and personal reputation through implementing proactive measures and
policies. This will include identifying and safeguarding organization’s valuable assets,
continuous look out for incoming attacks, and develop a system that respond quickly
in case of a breach.
4. HOW TO REDUCE RISKS?
It’s an interesting fact that the frequency of critical data breaches are increasing and
as a result the management administration and the IT departments focus on
safeguarding their data systems more than ever before. Our experienced and expertise
data security, privacy and information governance experts in UAE helps you to reduce
the risks associated with various privacy compliance frameworks along with
recognizing the value of your personal data.
5. OUR APPROACH
Strategy Formulation: Targeting specific problems and aligning to the organization
size.
Programming the Design: Risk Prioritization and Value Preservation
Building the Solution: With cutting edge technology and rigorous testing
Implementation: Executing change management & regulation specific training
7. GDPR
In 2018, Europe brought in its biggest data privacy reforms since 1988 through
General Data Protection Regulation (GPR) act. The regulation was implemented to
give individuals more rights on how their data is processed, transferred, and used by
other parties. The law also holds organizations accountable in case they fail to protect
their customer’s data from being misused or leaked.
The data subjects or customers can enjoy several rights including:
More transparency on the usage of their data
8. The need of permission from the customer for what and how their data is being used.
Anytime the customers can withdraw their consent.
More rights on data transfer and deletion
Limitation on data profiling of customers
Compulsory notifications to the customers in case of a data breach
Since the businesses are operating across borders and world is growing into a digital
economy, it is extremely crucial for all the organizations to understand and comply with
GDPR rules. Any breach can cost the company up to four percentage of a company’s
annual global turnover or 20 million Euros. With proper guidance and consultation, you
can be compliant to data security standards or regulatory requirements set by GDPR.
9. DIFC
DIFC’s new data protection law has set a significant benchmark for data privacy in
the Middle East. The law aligns with the DIFC’s data protection framework with
international data protection regulations, including the EU’s General Data Protection
Regulation (GDPR). DIFC Portal contains all the data, for each company incorporated
in the DIFC, and each company account on the portal is to be maintained and updated
by that company itself. However, this framework is costly to maintain, and that cost is
compliance obligation, and the time and money involved.
10. WE PROVIDE THE FOLLOWING SERVICES IN
DIFC
Identifying your critical assets: Identify critical business services & information
architecture
Data Classification: Identifying the level of security and privacy protection to be
applied on data types or data sets and the scope in which it can be shared within and
outside the organization.
Gap & Risk Assessment: Identification of threats and vulnerabilities exploiting the
gaps resulting in risk.
Security Testing: Periodic assessments, vulnerability, and penetrating testing
Management Infrastructure: Development of a management and governance system
for the protection of data privacy
11. We have been providing outsourced Compliance Officers/MLROs and support
resources to DFSA Regulated Firms for more than 10 years. We take pride on
ourselves for being a trusted advisor to our clients and ensuring they maintain the
compliance standards set by all regulatory agencies.
12. CONTACT US
HLB HAMT
Level 18, City Tower-2,
Sheikh Zayed Road
PO Box 32665
Dubai – United Arab Emirates.
Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com