smb data security compliance

What does data security compliance mean for today’s small business?

Summary

Summary overview for ensuring your data security is compliant.

Read time: 4 minutes

Whether you're a large enterprise or a small business, ensuring your data is secure isn't important just for its own sake, it's likely to also be required by compliance regulations.

If you’re a large, established enterprise or organization, your IT department likely has the staff, time and expertise to keep on top of compliance concerns, including any new requirements as they arise (which they will).

But if you’re a local retail store with primarily Point-of-Sale (POS) and inventory management plus a website and email newsletter, or a mid-sized start-up with a somewhat more built-out or cloud-based IT infrastructure, you’re probably still somewhere on the learning curve.

Here’s a summary overview of what your company should know, be asking about, looking for, and doing in terms of ensuring your data security is compliant.

What does “data security compliance” mean?

How much and what type of data security do you need? One answer is: enough to keep your data secure. But that’s too vague an answer to be useful.

One place to start is, “What will satisfy my company’s legal obligations?”

This means: What rules and regulations, whether from government(s) or your industry, must your data security comply with, and what do these regulations identify as the minimum necessary protection(s)?

These rules reflect the current state of technology — what type of tools are required or recommended, e.g., 256-bit AES encryption — and legal requirements, fines and penalties.

Is your small business compliant?

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