How to Store Business Data While Ensuring Compliance

Storing business data comes with two challenges. First, you have to store your business data safely from unauthorized persons. Second, you need to store your data in compliance with unending regulations. Storage experts must comply with some of the regulations while storing business data, including the HIPAA, GDPR, and CCPA.

Data storage experts and IT pros working in high-regulated sectors such as healthcare firms have more responsibilities to meet for successful data storage and management. Whereas storing business data while ensuring compliance with existing regulations can be a tall order for data experts, it is something any business can do if it has what it takes to store its data while complying with all relevant regulations.

Understand All The Relevant Data Compliance Duties and Responsibilities

Data storage experts are responsible for business data storage and data protection. They also have to ensure data is accessible and secure. Without an in-depth understanding of all data compliance duties and responsibilities, data experts can’t store business data in a way that ensures compliance with data storage requirements.

Data storage experts, for instance, need to be conversant with data archiving. These experts should also understand data policies and data access. Moreover, data storage pros should be conversant with various SaaS (Storage as a Service) apps.

Take Advantage of Cloud Storage

Data loss can cost tremendous damage to any business. Besides causing unexpected financial losses, data loss can also lower clients’ trust in your business. Worse still, data loss can subject you to fines and lawsuits for non-compliance, not to mention it can result in IPT (Intellectual Property Theft). Cloud storage can boost your business data management efforts and prevent your business from experiencing unexpected data loss.

Cloud storage is crucial for regulatory compliance. Various business data protection regulations expect business owners to protect the sensitive data on their networks from access by third parties or unauthorized persons.

Cloud storage will thus play a critical role in protecting your business data from access by unauthorized persons.

Leverage Data Management and Storage Tools

Proper business data management and storage tools are crucial to storing your business data while ensuring compliance. Data experts working for your business should know how to use tools to automate and implement business data. Some of the tools you can use for your business data storage to ensure compliance include Cisco UCS Manager, IBM storage Insights, and Cyberduck.

Embrace Good Business Data Storage Practices

The key to implementing sound data storage and protection practices is ensuring your business has good data storage practices in place. Some of the activities you should embrace include.
· Documenting actions- Prepare to justify data practices and policies. All data storage regulations have been subject to interpretation. Therefore, have some explanatory information concerning data storage policy to back up the suitability of your data storage choices.
· Store your business data cost-effectively- Ensure you store your business data in the most cost-effective way possible. Furthermore, ensure you meet the essential data storage and management requirements.
· Anonymize your business data-You can anonymize your business data since this data is subject to regulations. Anonymizing your business data ensures that data doesn’t run afoul of existing regulations such as CCPA and GDPR, enabling data storage to continue with minimal risk.