Database privacy and legal issues
Data privacy law regulates data management, and information systems manage data. Therefore, data privacy assurance must consider system assurance. An IT department should streamline its functions with the industry standards and privacy regulations in order to avoid any disruption. In order to achieve those objectives, the IT department should assess the risks, design a strategic plan to achieve privacy compliance, implement required policies and procedures, and monitor and audit the procedures to ensure privacy compliance.
Gavison, in his article "Privacy and the Limits of the Law", describes privacy in terms of controlling access to our physical person, and to our information. In one phrase, it is the "protection from being brought to the attention of others" struck us as particularly relevant to the census problem (1995). In his article "creating the Privacy Compliant Organization", Parker mentions that there are other forms of privacy to consider, includes: privacy of persons, privacy of personal behavior, privacy of personal communications, privacy of personal information, and privacy of territory (2001).
Risk Assessment
An IT department should identify and document the information systems that are subject to privacy requirements includes computer files, databases, archives, microfilm, personal records and copies wherever located. Moreover, it should perform a risk assessment and gap analysis of controls and procedures that are in place. The gap analysis will reveal the deficiencies between the current status and the legislative requirements and regulations under which the organization must operate. Additionally, the risk assessment must be applied to the likely risks that an organization may experience from a breach in privacy which include damage to the corporate reputation, damage to business credibility, financial loss, negative publicity, and fines and criminal records for employees. The result of this phase will be the basis for developing a strategic personal information privacy plan (Parker, 2001).
Design a Strategic Plan
Designing a privacy plan involves planning, and implementing a set of direction, methodology, and tools to address number of issues in order to achieve privacy compliant, which includes:
• Establishing the required infrastructure, including the required positions and appointing key privacy personnel.
• Establish the methodologies, which include team members, deliverables, activities, critical path, resources, skills, timelines and approaches to addressing the privacy gaps
• Introduce the privacy policies, standards, guidelines and procedures required to meet compliance requirements.
• Identify the changes required in the systems, procedures, forms, etc.
• Formulate the changes required to address the gaps, and
• Train the individuals to ensure that they fully understand the requirements of the legislation and the organization's objectives and deliverables to be created (Parker, 2001).
... Capital, Corporation Finance and the Theory of Investment", The American Economic Review, vol. 48, no. 3, pp. 261-297.
Privacy does not have a single definition and it is a concept that is not easily defined. Information privacy is an individual's claim to control the terms under which personal information is acquired, disclosed, and used [9]. In the context of privacy, personal information includes any information relating to or traceable to an individual person [ 1]. Privacy can be defined as a fundamental human right; thus, privacy protection which involves the establishment of rules governing the collection and handling of personal data can be seen as a boundary line as how far society can intrude into a person's affairs.
One reason described to be a cause of happiness is income. Don Peck and Ross Douthat indicate how, “National income appears to be one of the best single predictors of overall well-being, explaining perhaps 40 percent of the difference in contentment among nations” (352). With this statement, comes the explanation of how income can influence happiness in adults who strive to earn a living. Research illustrates how, “For individual countries, with few exceptions, self-reported happiness has increased as incomes have risen” (Douthat 352). While these two statements provide sufficient evidence for the reason of income bringing happiness, income itself is not relevant.
Privacy is a major issue in our society. Governments can see what websites we use and who we call. They also know what jobs we do and how much money we earn. This is similar to the world of Incognito as the information of the citizens are held by the government but the world of
In this report I am going to talk about the rights people have to privacy and about the laws that go with privacy. Privacy is the thought that information that is confidential that is disclosed in a private place will not be available to third parties when the information would cause embarrassment or emotional distress to a person.
Although many people could not explain or define the concept of privacy very precisely, based on Baase, S. (2012), A gift of fire: Social, legal, and ethical issues for computing technology, he mentioned three key aspects of privacy:
Print Lazar, Wendi S. “Limitations to Workplace Privacy: Electronic Investigations and Monitoring” Computer and Internet Lawyer (2012): SIRS. Web. The Web. The Web.
Privacy is the ability of an individual or group to seclude themselves or information about themselves and thereby reveal themselves selectively. The boundaries and content of what is considered private differ among cultures and individuals, but share basic common themes. Privacy is sometimes related to anonymity, the wish to remain unnoticed or unidentified in the public realm. When something is private to a person, it usually means there is something within them that is considered inherently special or personally sensitive. The degree to which private information is exposed therefore depends on how the public will receive this information, which differs between places and over time. Privacy can be seen as an aspect of security — one in which trade-offs between the interests of one group and another can become particularly clear.
...es almost zero involvement by the loaner. Equity financing is an exchange of an asset for stock between owner or partner and investor. A repayment is not required but involvement of the investor is which has some benefits and only a few drawbacks. Depending on which option the company chooses to use, the accounting can be different in a few different ways. Equity requires capital contributions and dividends to be distributed while debt financing requires note receivables, note payables, and any accrued interest. Companies have more options than before; the small, medium and big corporations. Businesses usually fiannce when expanding, recovering, or starting up; Debt financing and equity financing both have many advantages and disadvantages along with a variance in accounting methods that should be considered when a business is attempting to make a finance decision.
Equity capital represents money put up and owned by shareholders. This money can be used to fund projects and other opportunities under the auspice of creating greater value. This type of capital is typically the most expensive. In order to attract investors, the firms expected returns must consummate with the associated risk ("Financial leverage and,"). To illustrate this, consider a speculative oil drilling operation, this type of operation would require higher promised returns than say a Wal-Mart in order to attract investors. The two primary forms of equity capital are 1) money invested into the business for an ownership stake (i.e. stock) and 2) retained earnings from past profits used to fund future growth through acquisitions, expansions and product development.
One of the key areas of long-term decision-making that firms must tackle is that of investment - the need to commit funds by purchasing land, buildings, machinery, etc., in anticipation of being able to earn an income greater than the funds committed. In order to handle these decisions, firms have to make an assessment of the size of the outflows and inflows of funds, the lifespan of the investment, the degree of risk attached and the cost of obtaining funds.
A key benefit of equity financing is that the company will not be debt repayments. This is beneficial...
In addition, a human right and fairly generous right to privacy are acknowledged in most international instruments such as Article 12 of the UN Declaration of Human Rights, Article 17 of the International Covenant on Civil and Political Rights (ICCPR), Article 8 of the European Convention on Human Rights (ECHR) (Wacks, 2010). There are ‘The Madrid Privacy Declaration’ which “is a substantial document that reaffirms international instruments for privacy protection, identifies new challenges, and call for concrete actions” (The Public Voice, n.d.) (see Appendix 1); and OECD Principles (see Appendix 2).
towards investment, the idea that they are indebted to their investors. We are not discounting the fact...
Security is a required building block for privacy to exist and security involves technology to ensure that information is properly protected. Privacy involves mechanisms to support compliance with some basic principles and other explicitly stated policies.