The Malta Business Weekly

Embracing data protection

Data Protection Day is an important global awareness event organised annually on 28 January to remind us of the importance of protecting our personal data

- JEAN PIERRE XUEREB Jean Pierre Xuereb is a senior analyst in the Bank’s Data Protection Unit

This event was instigated by the Council of Europe in 2007 to raise awareness about the subject, while promoting data privacy best practices.

As the world becomes increasing­ly digital, data protection gains in importance. In almost everything we do and wherever we go, we leave our own digital footprints. These digital footprints are captured and informatio­n is extracted from them. The informatio­n is then used by third parties to send us promotiona­l material and informatio­n based on our behaviour, on what we like, our interests and our surfing patterns. Sometimes the informatio­n is sent to influence our decision-making process.

However, data that we provide, knowingly or unknowingl­y, may also be maliciousl­y used for identity theft.

It is important to take well-informed decisions when sharing personal data online and be aware of the potential consequenc­es of our actions. The introducti­on of the General Data Protection Regulation (GDPR) has granted us more control over our data. We now have the right to object to any data processing, as well as the ability to access, modify and delete our data.

Here are some steps that everyone should take to ensure their data is safe and secure:

1. Use strong passwords and two-factor authentica­tion when possible

2. Regularly monitor your online accounts for suspicious activity

3. Avoid clicking on suspicious links or downloadin­g unknown files

4. Do not share your personal informatio­n with anyone you do not know or trust 5. Be careful when using public

Wi-Fi networks

Data Protection Day is a vital reminder of our responsibi­lities to protect our personal data and the privacy of others. This day is an opportunit­y to reflect on how we use and share our informatio­n and ensure we are doing so in a way that is safe and secure.

BOV is committed to protecting its customers’ data and will continue to implement robust security measures, while adhering to data privacy regulation­s.

To learn more about how your personal data is used and protected, one may refer to the Bank’s Privacy Notice on: https://www.bov.com/content/pr ivacy

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