Understanding and achieving compliance
Companies may be required to adhere to a plurality of laws and regulations governing how data should be stored, managed, and processed. As with any other law, failure to comply may result in fines or other legal consequences that may culminate in the shutdown of the business, therefore they need to be taken very seriously.
Types of regulations
Before we look at how to achieve compliance, let's look at the types of regulations based on the source.
Country regulations
These are laws and regulations created by governments to regulate how data should be stored, managed, and processed by private companies.
These regulations can be tricky because they may protect the individuals of the country regardless of the location of the company, so you need to also understand the regulations associated with the geographical location of your users or clients.
Regional regulations
These regulations are very similar to country regulations...
