Aug 23, 2013
Protection of Personal Information Bill may have data-management spin-offsBack
Africa|Deloitte|Systems|Africa|South Africa|Data Management|Service|Systems|Dean Chivers|Werner Swanepoel|Caching
© Reuse this
Companies often replicate data across multiple divisions and store duplicates of data at significant cost, while finding and updating information on clients in multiple silos is often a difficult exercise in large organisations, says Deloitte risk advisory director Werner Swanepoel.
“The requirements of PoPI present companies with the opportunity to institute good data management practices that will enable them to have a unitary view of clients across multiple divisions, reducing costs and improv- ing client service,” he explains.
Cross-border data flows from South Africa were not regulated, but will be heavily regulated once the PoPI Bill is promulgated. This will enable South African companies or local subsidiaries of multinational companies to send data to and receive data from countries that have personal data privacy laws, says Chivers.
Improved cross-border data flows will enable multinationals to centralise their data repositories for their international territories, reducing local caching costs, and will enable local companies to exchange more information securely in seeking international business opportunities.
“The PoPI Bill presents an opportune time for companies to implement data management and analysis systems that can boost business performance, as companies will have to find and delete significant amounts of data.”
The Bill requires companies to know where their data is stored and to ensure that it is secure, even if hosted with third-party service providers or partners in other countries. If data is sent to a country that does not have personal data protection laws, then a contract must be concluded and implemented to ensure sufficient protection to meet the Bill’s requirements.
Data can still be held for research purposes, but any potential information that can identify individuals or companies from the data must be removed from the data sets, notes Chivers.
“South Africa’s data management practices, in general, are immature, but the law will bring the country in line with common international personal data privacy laws. The requirements of the Bill will enable companies to consolidate their data and improve their data management systems to improve service to clients, while complying with the law,” says Swanepoel.
If companies regard the Bill as another compliance hurdle, they will not reap the benefits from the process of investigating and managing their data. However, if companies use the process to derive value from their data sets, then compliance with the Bill will be much easier and may improve their business practices, he emphasises.
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines (150 word limit)
Other Trade News
Article contains comments
Article contains comments
Updated 2 hours 46 minutes ago Increased maintenance costs, poor rolling mill yields and strike action have widened Evraz Highveld Steel’s operating loss, from R149-million in the nine months ended September 30, 2013, to R483-million for the comparative 2014 period. The company added on Monday...
Updated 2 hours 47 minutes ago Energy Minister Tina Joemat-Pettersson has misled Parliament and should be suspended pending an investigation, the DA said on Monday. "Reports indicate that the minister was involved in recommending and appointing Mr Tshepo Kgadima as chairman of the board of...
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
This Week's Magazine
JSE-listed real estate investment trust (REIT) Rebosis Property Fund achieved a distribution growth of 8.1% to 99.45c per linked unit in the financial year ended August 31, despite volatile market conditions.
A low-cost, inflatable incubator won this year’s international James Dyson design award, which aims to encourage and inspire the next generation of design engineers.
The World Bank released its ‘Doing Business 2015: Going Beyond Efficiency’ report last month and ranked South Africa 43 out of 189 global economies for its ease of doing business, with Singapore topping the rankings.
Air Products South Africa officially launched its R300-million Eastern Cape air- separation unit (ASU), at its new manufacturing facility in the Coega Industrial Development Zone (IDZ), earlier this month. It is the second facility that Air Products launched in South...
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.