Saturday, November 15, 2025
No Result
View All Result
FMLaw
  • Building and Construction
  • Charitable
  • Commercial
  • Dispute Resolution
  • Employment and Human Rights
  • Franchising
    • Franchisee
    • Franchisor
  • Property
  • Relationship Property
  • Retirement
  • Transport
  • Trust, Wills, Estates and Enduring Powers of Attorney
FMLaw
  • Building and Construction
  • Charitable
  • Commercial
  • Dispute Resolution
  • Employment and Human Rights
  • Franchising
    • Franchisee
    • Franchisor
  • Property
  • Relationship Property
  • Retirement
  • Transport
  • Trust, Wills, Estates and Enduring Powers of Attorney
No Result
View All Result
FMLaw
No Result
View All Result
Home Commercial

Managing privacy risks: what small businesses need to know

by fmlaw news
November 3, 2023
in Commercial
0
Managing privacy risks: what small businesses need to know
0
SHARES
79
VIEWS
Share on FacebookShare on Twitter

“If something privacy-related hasn’t happened to you, it’s coming – so you should be prepared”

The Office of the Privacy Commissioner (OPC) recently released its report on New Zealand’s small businesses and their privacy approach. According to its research, most businesses do have a good understanding of privacy – however, this hasn’t necessarily translated into good day-to-day practices.

In its Small Business Privacy Awareness Survey, 84% of respondents were confident that they could recognise a privacy issue if they saw one – however, 36% didn’t have policies or procedures in place for a range of key events.

According to K3 Legal associate and privacy expert Evie Bello, small businesses generally have the major ransomware and phishing-style threats covered. However, they often overlook the more common accidental mistakes that can happen to anyone in a hurry.

“This might be emailing somebody the wrong information, which most of us have done or been on the receiving end of,” Bello told NZ Lawyer.

“Nine times out of ten you can recall that or ask the other person to delete it, and it’s all okay – but technically that is a breach, and it’s quite a common risk factor because it’s something you can easily do in a rush.”

The OPC report noted that certain sectors have higher risk levels than others, and Bello says these sectors need to be particularly stringent about how the manage privacy risks. These include the healthcare, services, finance and insurance sectors, as well as education and public administration.

“As an employee, breaches can arise in many contexts where you’re dealing with information,” Bello explains.

“People start looking at information just out of interest – even though they have no legitimate reason to actually be looking at it. In a small business context, time and resources are tight, and so doing that privacy risk training on a regular basis is something that can be overlooked, even though it’s probably one of the easiest things to train people on and mitigate from the outset.”

When it comes to preparation, Bello says small businesses need to start by pinning their response steps down. If you have a privacy breach, how do you contain it and who do you notify? If a client asks for personal information, how do you deal with that? Where do your obligations start, and where do they end?

This is often where lawyers can step in to point their clients in the right direction, and guide them towards the Privacy Commissioner’s range of training tools. Bello notes it’s also a good opportunity to simply catch up with a client, and to make sure you’re passing them the right information at the right time.

“A good time to think about privacy protections is when clients are dealing with new partners or suppliers,” Bello notes.

“Nine times out of ten, your counterpart is going to ask for some kind of privileged information. You need to know how your clients’ information is being dealt with on the other side.”

“Consumers themselves have a bit more of an appreciation for privacy now than say 15 years ago, and they want to understand how their data is being used,” she adds.

“We’ve seen small businesses respond early, but equally, we’ve seen them respond only when something’s happened. But if something privacy-related hasn’t happened to you, it’s coming – so you should be prepared.”

Source: thelawyermag.com

(*) If there are any copyright-related issues regarding the articles published on our website, please do not hesitate to contact us. We would handle the request accordingly.

fmlaw news

fmlaw news

Related Posts

Start using standards for better business

Start using standards for better business

by fmlaw news
January 13, 2025
0

We’re sharing all the ways that standards can help your business improve and grow. In a nutshell, standards are the...

TikTok, content creators enlist lawyers to challenge US divestment law

TikTok, content creators enlist lawyers to challenge US divestment law

by fmlaw news
January 4, 2025
0

International firm partner and law professor retained by TikTok and content creators, respectively TikTok and a group of its content...

What to do when products are unsafe

What to do when products are unsafe

by fmlaw news
October 11, 2024
0

You may need to undertake a product recall if a product you sell has safety concerns, falls short of a...

High Court affirms immunity for foreign state-owned entities in winding-up proceedings

High Court affirms immunity for foreign state-owned entities in winding-up proceedings

by fmlaw news
October 8, 2024
0

The case involves an airline facing demands for unpaid debts amounting to over US$ 400 million The High Court recently...

Next Post
Disney faces investor suit over streaming service scheme

Disney faces investor suit over streaming service scheme

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Rent Abatement Under NZ Leases and COVID-19

Business Finance Guarantee Scheme in Covid-19

5 years ago
Association of Corporate Counsel releases 2022 Legal Entity Management Report

Association of Corporate Counsel releases 2022 Legal Entity Management Report

4 years ago
FMLaw

© 2024 FMLaws News keeps you fully updated of the latest law in New Zealand.

Navigate Site

  • Building and Construction
  • Charitable
  • Commercial
  • Dispute Resolution
  • Employment and Human Rights
  • Franchising
  • Property
  • Relationship Property
  • Retirement
  • Transport
  • Trust, Wills, Estates and Enduring Powers of Attorney

Follow Us

No Result
View All Result
  • Building and Construction
  • Charitable
  • Commercial
  • Dispute Resolution
  • Employment and Human Rights
  • Franchising
    • Franchisee
    • Franchisor
  • Property
  • Relationship Property
  • Retirement
  • Transport
  • Trust, Wills, Estates and Enduring Powers of Attorney

© 2024 FMLaws News keeps you fully updated of the latest law in New Zealand.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In