Storing personal data securely

You are likely to store some form of personal dataAny information about an identifiable, living person. Information which cannot be used to identify someone on its own will still be personal data if it can be used in combination with other information to identify that individual. during your business activities, either electronically or in hard copy. This is regulated by data protectionThe area of law which deals with the way in which data can be handled. law and breachesViolations of a legal or moral obligation. of your legal obligations can result in significant fines. This section will guide you through your obligations, including carrying out an impact assessment, how long you can store data for and how to delete or anonymise it. It will also help you to consider what securityAlso known as a debenture, charge or mortgage, security over an asset or assets (such as cash, debts, real estate or equipment) is given by a borrower (and sometimes a third party such as a shareholder of the borrower) to a lender in case the borrower fails to make a payment due. Security is also used to refer to a personal guarantee of a borrower's payment obligations to a lender, typically given again by a shareholder and sometimes secured over the shareholder's personal assets. In the event of a borrower's failure to make a payment due to a lender, the lender will have the right to sell any asset secured or call in the guarantee. measures you need and what to do if these fail.