Focused on the individual, with a bounty of opportunities
In its essence, the GDPR is driven by the rise in connected technology and organisations of all shapes and sizes who are now in possession of more customer information than ever before.
The Data Protection Act of 1998 was created at a time before smart-phones and social media existed and so an update to the practices surrounding personal data was long overdue. The EU’s General Data Protection Regulation (GDPR) is the result of four years of work to bring data protection legislation in line with the myriad of ways that data is now intertwined with our daily lives as consumers and professionals.
As the amount of personal data collected and held by organisations rises, so does the responsibility for its secure storage and ethical use. Regulators recognised that the existing laws were insufficient to manage the rapid evolution of data application and privacy in an increasingly fast-paced digital landscape. In response, the EU drafted the GDPR, a new set of comprehensive regulations, which was adopted by the European Parliament and Council in April 2016 while it becomes directly applicable in member states from 25th May 2018.
There is less than a year left of the implementation period and it’s clear that many organisations are at risk of being left behind because, despite the publicity surrounding the GDPR and its significance for businesses, awareness has not yet translated into a high level of readiness. A recent Experian survey found that only 7% of businesses are ‘very prepared’, 48% say they are ‘somewhat ready’, and over 25% are ‘not very’ or ‘not at all’ prepared for the new rules.
For businesses around the world who hold EU citizen data, we believe the GDPR will prove to create positive opportunities for organisations to evaluate and improve the management of their data and increase its value.
The GDPR puts the interests of individuals at its core and it is likely to be used as a framework for a global model in the future of data protection regulation. Find out more about the 6 key elements of the GDPR here.
There is still time to ensure your business is ready for the GDPR and we have put together 4 packages to do just that:
Recognise the sensitive data landscape
Find and organise all the personal data that your organisation holds.
Core to the GDPR is visibility and control of the personal data your business holds. Our advanced discovery and data management technology service is tailored to the needs of your business in preparation for the GDPR.
Take a Data Readiness Assessment
How reliable is your data? Quickly assess the quality of your data.
For a solid foundation ahead of the GDPR, our data experts deliver robust data management technology and validation engines which are key to assessing the quality of your existing data.
Responding to data subject requests
Ensure a swift and accurate response to individual requests for access to personal data.
Our unique data matching and pinning capabilities can be delivered as a service and on-premise solution which means you can identify, resolve and tag individual data subjects when an access request is made.
Preparing for and managing data breaches
Prepare, know and react to a potential data breach within your organisation.
In a digital age, the security of the personal data you hold is paramount and you need to be prepared should a data breach occur. We provide an end-to-end data breach service and support to guide you through prevention, protocol and best practice.