Personal business is an expression used to refer to tasks or activities that are handled by a person, company, or individual on their own. Examples include managing finances and household chores, and keeping appointments. It could also mean the creation and management of a small business based on your talents, interests, and experience as a sole proprietor or individual.
While data privacy laws differ across countries and states however, they all have the same definitions of what constitutes personal information. The CCPA and Connecticut’s law, for instance, define personal data as information that is reasonably connected to an identifiable individual and is not restricted to de-identified data or publicly accessible information. In addition, the CCPA includes a category of sensitive personal information that requires a greater degree of protection than other types of data.
It’s crucial to determine how much information your company holds. The best way to do this is to take a full inventory of all files, documents and folders, as well as storage devices. This includes desktops, cabinets, and laptops as well as mobile devices, flash drives, disks and digital copiers. Be sure to check locations where sensitive information may be stored outside of your office. This includes the homes of employees and their work-from-home computers.
Sensitive PII should be encrypted in transit and at rest and should be kept only the period necessary for business needs. This includes biometric data medical information that is protected by the Health Insurance Portability and Accountability Act (HIPAA), unique identification numbers such as passports or Social Security numbers and employee personnel records.
www.bizinfoportal.co.uk/2021/04/15/identifying-the-business-finance-function-you-may-have/