article thumbnail

How FACTA Impacts Records Management

Record Nations

The Fair and Accurate Credit Transactions Act (FACTA) was enacted in 2003 to ensure the protection of consumers’ personal data. The post How FACTA Impacts Records Management appeared first on Record Nations. It provides consumers with the means to monitor their credit scores and dispute inaccuracies.

article thumbnail

Guest Post: The Impact of Personal Data on Records Management

IGI

The GDPR harmonizes data protection and reshapes the way businesses approach data privacy. To achieve this goal, the GDPR holds businesses accountable for how they manage personal data in a digital world.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Which Records Should We Retain in Paper? A Global Guide to Media, Location, and Transfer Compliance

ARMA International

Just tell me which records we must retain in paper! This is a common frustration among records managers and information governance (IG) professionals. This process involves understanding how the records are used alongside relevant laws and regulations associated with records management. Research Methodology.

Paper 124
article thumbnail

First multi-million GDPR fine in Germany: €14.5 million for not having a proper data retention schedule in place

Data Protection Report

On October 30, 2019 the Berlin Commissioner for Data Protection and Freedom of Information ( Berliner Beauftragte für Datenschutz und Informationsfreiheit – Berlin DPA ) issued a €14.5 The infraction related to the over retention of personal data. Infringement of deletion obligations. This will have to change.

GDPR 106
article thumbnail

ICO Publishes Its Accountability Framework

Hunton Privacy

According to the ICO, the Accountability Framework will be of particular use to those responsible for implementing data privacy management programs, such as senior management, data protection officers and those responsible for records management and information security.

IT 114
article thumbnail

China Insurance Regulatory Agency Promulgates New Rule Protecting Personal Data of Life Insurance Customers

Hunton Privacy

The Measures require life insurance companies and their agents to ensure the authenticity of personal data of life insurance policy holders. To help achieve this objective, the Measures impose rules for the collection, recording, management and use of the personal data of policy holders.

article thumbnail

The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. Definition and Purpose of a Records Retention Schedule.