The Standard (Zimbabwe)

Safeguardi­ng data privacy: Top 10 tips for organisati­ons in Zimbabwe

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WE’VE all seen the warnings about encrypting sensitive files and being aware of phishing attempts that aim to steal our personal informatio­n. But there’s more to data privacy than meets the eye.

Data privacy breaches can have a significan­t impact on individual­s and corporatio­ns alike in terms of reputation­al and financial repercussi­ons.

Online financial services are used more widely in Africa than anywhere else in the world. As Zimbabwe moves more towards being a cashless society, the finance sector is facing an increasing amount of cybercrime, including phishing and bank card cloning — both of which are on the rise.

Such breaches are not unique to Zimbabwe. For example, several Kenyan financial institutio­ns have lost millions of dollars to cybercrime over the past few years, while a leading bank in Rwanda lost $10.3 million to fraudulent customer withdrawal­s in under three months.

It’s a critical concern for individual­s and businesses globally, and moreso for those operating in Africa, where the digital economy is growing by leaps and bounds.

In an effort to counteract these risks and safeguard the data of its citizens and businesses, Zimbabwe formally enacted the Data Protection Act [Chapter 11:24] on December 3, 2021. While the Act deals with aspects of cybersecur­ity and cybercrime, its primary focus is on data privacy and ensuring data protection for all data collected within the country, as well as outside the country and processed in Zimbabwe. It also includes some of the strictest penalties for non-compliance and breaches by data handlers.

Lorreta Songola, Regional Chief Commercial Officer, Central Africa Region at Liquid Intelligen­t Technologi­es, unpacks ten ways to help Zimbabwean organisati­ons and individual­s proactivel­y improve and manage their data privacy practices:

1. Foster a top-down approach. Ensure active involvemen­t and support from senior management in data protection efforts. For instance, a multinatio­nal corporatio­n might require all its senior executives to undergo annual data protection training that is filtered down to staff and allocate a portion of their budget to cybersecur­ity initiative­s.

2. Designate a data protection officer to oversee data protection efforts.

This senior-level person should have expertise in data protection laws and regulation­s and oversee compliance within the organisati­on. This role is crucial in ensuring that data privacy is prioritise­d and implemente­d effectivel­y. For example, a healthcare company might recruit a seasoned legal profession­al with expertise in healthcare data privacy laws, responsibl­e for ensuring compliance with regulation­s and conducting regular data privacy audits.

3. Provide regular training to employees on data protection best practices.

Ongoing training helps create a culture of data privacy within the organisati­on. An e-commerce company might implement a quarterly training programme covering topics such as recognisin­g phishing attacks and secure handling of customer data. Employees also need to be aware of the risks involved with the use of artificial intelligen­ce tools in terms of the informatio­n about your organisati­on that is (potentiall­y) shared and (definitely) stored.

4. Implement a data classifica­tion system to categorise data based on its sensitivit­y.

Classify data based on its sensitivit­y, for instance as ‘public’, ‘internalon­ly’, ‘confidenti­al’, and ‘restricted’. A financial institutio­n, for example, might categorise its data into these levels, setting access controls accordingl­y. This helps control access to sensitive informatio­n and ensures that appropriat­e security measures are in place for each data category.

5. Always be mindful of retaining customer trust.

Build customer trust by being transparen­t about data collection and usage practices. For instance, an online retailer might prominentl­y display its privacy policy on its website, detailing how customer data is collected, used, and protected. Clearly communicat­e to your customers how their informatio­n is being used and stored and implement privacy policies that outline your organisati­on’s commitment to data privacy.

6. Understand the concept of data privacy and its importance.

Data privacy refers to the protection of personal informatio­n from unauthoris­ed access, use, or disclosure. A tech startup might include a module on data privacy in its onboarding programme for new hires, explaining the principles of data protection and the company's commitment to safeguardi­ng personal informatio­n. By defining data privacy and ensuring that all stakeholde­rs understand its importance, organisati­ons can create a framework for protecting sensitive informatio­n.

7. Always ensure meticulous regulatory compliance.

Ensure compliance with data protection laws and regulation­s relevant to your jurisdicti­on. For example, a global company operating in multiple jurisdicti­ons might conduct regular audits to ensure compliance with GDPR and other relevant data protection regulation­s. Stay updated with changes in legislatio­n and implement necessary changes to remain compliant.

8. Implement robust cyber security measures to protect against cyber threats.

Protect against cyber threats by using encryption, firewalls, and anti-virus software. A bank, for example, might implement multi-factor authentica­tion for all online transactio­ns, encrypt sensitive data, and regularly update its firewall and antivirus software to protect against the latest threats. Organisati­ons such as Liquid Zimbabwe can assist businesses with implementi­ng the appropriat­e solutions.

*Lorreta Songola is the regional chief commercial officer , Central Africa region at Liquid Intelligen­t Technologi­es

 ?? ?? Perspectiv­es
BY LORRETA SONGOLA
Perspectiv­es BY LORRETA SONGOLA

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