The Data Protection Act controls how personal or customer information is used by organisations or government bodies. The Data Protection Act includes strict guidelines and privacy policies on how to keep information safe. Companies that do not have a data management strategy in place could be breaching the DPA and could be at risk of prosecution by the Information Commissioner’s Office (ICO) where fines can reach up to £500,000 and even imprisonment. Any organisation that handles personal information about individuals must protect that information under the Data Protection Act 1998.
The Data Protection Act's rules are very thorough and cover rules around sharing of data, and data security. At the heart of it are eight common sense rules known as the 'data protection principles'.
These principles require any organisation, corporation or governmental body that collects personal information to handle it safely.
The Data Protection Act, states that all organisations collecting and using personal information are legally required to comply with these principles.
The law provides stronger protection for more sensitive information - such as your ethnic background, political opinions, religious beliefs, health, sexual life or any criminal history.
This data act is enforced by an independent information commissioner, who can take action against any company or governmental body that fails to protect their data, or that abuses its right to collect and hold that information.
Data quality doesn’t have to be complicated. Really it’s all about having the right people, processes and technology in place.
One of the biggest problems that many organisations overlook is the need to manage data quality holistically.
The Experian Data Quality Data Governance Service comprises of a number of customised stages and outputs based around your key focus areas as an organisation.
Now more than ever, the ability to make decisions based on relevant, high quality data is a business enabler and a competitive differentiator.
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