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technology

Data Protection in Ireland and Business Continuity

Both are two subjects that I’m becoming very interested in recently. In trying to develop a clear understanding of all the implications of National (Irish), European and World Market (US, predominantly) data retention legislation I’ve been having a look at the Irish Data Protection Act. More information is available at the authoritative DataProtection Commissioner’s website. However, the following point struck me.
Section 2 of the original 1988 Act (which is still valid AFAIK) states that

A data controller should observe certain principles in relation to personal data:

  • The data or information constituting the data shall be obtained and processed fairly
  • the data shall be accurate and where necessary kept up to date.
  • Data held for back-up purposes is exempt
  • shall be kept for one or more specified or lawful purposes – specified refers generally to purposes specified in any registration document, where applicable
  • shall not be used or disclosed in any manner incompatible with such purpose(s)
  • shall be adequate, relevant and not excessive in relation to that purpose(s)
  • shall be kept for no longer than is necessary; data held for historical, statistical or research purposes is exempt.

What’s worrying me is the point in bold print. The problem isn’t whether this data is currently used as part of a live data set but what happens if data that does not meet the terms of the act is restored, after information system loss or damage. The nature of some database and structured data records means that offending data WILL ALMOST CERTAINLY have to be restored from an incorrect archive AS LONG AS IT’S IN THE ARCHIVE IN THE 1ST PLACE. It’s a subtle point but surely, the onus should be on companies to ensure that they always have a backup or archive that contains only non-offending data that doesn’t breach any part of the act. Therefore, backup policy MUST be affected by this act.

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Uncategorized

had a lateral thought

Hiya Tom,
As you know I’m working in the area of Information Lifecycle Management and
data retention/availability legislation. When reading the Sarbanes Oxley
(SOX) act of 202 and I realised that the following aspect of the law effects
your business (dramatically)…
SOX applies to all US companies which are quoted on any of the US securities
exchanges and relates to the controls and processes involved in their
financial reporting mechanisms.

Section 409 of SOX (SOX409), which is not yet in force, will soon require
real-time public disclosure of all events that could materially affect
company financial performance. To comply with this rule, companies will
first have to recognize in real-time that significant events have taken
place (e.g., a cash-flow problem), and then get that information into a
public reporting system.

The implication for your business is obvious. Both US companies and European
subsidiaries of these companies MUST provide real-time press releases and
public dissemination of all information which COULD impact on the company’s
financial performance. NOBODY to my knowledge is developing a PR system
specifically catering to this need. I can provide some useful contacts for
you if you wish to follow this up. I may even be able to refer you some
business or provide some SOX consulting 😉

More information on SOX available @ http://www.sarbanes-oxley.com/

Sincerest regards,

…shane

//=============================
// Shane Dempsey
// Technical Director,
// Gaisan Technologies Ltd.
// e: sdempsey@gaisan.com
// u: http://www.gaisan.com
// t: +353 051 844810
//=============================

Categories
Uncategorized

had a lateral thought

Hiya Tom,
As you know I’m working in the area of Information Lifecycle Management and
data retention/availability legislation. When reading the Sarbanes Oxley
(SOX) act of 202 and I realised that the following aspect of the law effects
your business (dramatically)…
SOX applies to all US companies which are quoted on any of the US securities
exchanges and relates to the controls and processes involved in their
financial reporting mechanisms.

Section 409 of SOX (SOX409), which is not yet in force, will soon require
real-time public disclosure of all events that could materially affect
company financial performance. To comply with this rule, companies will
first have to recognize in real-time that significant events have taken
place (e.g., a cash-flow problem), and then get that information into a
public reporting system.

The implication for your business is obvious. Both US companies and European
subsidiaries of these companies MUST provide real-time press releases and
public dissemination of all information which COULD impact on the company’s
financial performance. NOBODY to my knowledge is developing a PR system
specifically catering to this need. I can provide some useful contacts for
you if you wish to follow this up. I may even be able to refer you some
business or provide some SOX consulting 😉

More information on SOX available @ http://www.sarbanes-oxley.com/

Sincerest regards,

…shane

//=============================
// Shane Dempsey
// Technical Director,
// Gaisan Technologies Ltd.
// e: sdempsey@gaisan.com
// u: http://www.gaisan.com
// t: +353 051 844810
//=============================