Gearing Up for GDPR: Don’t Get Left Behind

Data Informed, Sept 2017 James Baird We operate in an increasingly global business environment. There are clearly myriad benefits to global expansion, but – as many organizations are increasingly becoming aware – there are equally as many regulations and standards, based on the number of countries they operate in. Lately, the rapid introduction of new regulations has many companies worried about audit and compliance. Emerging compliance requirements in Europe, such as General Data Protection Regulation (GDPR), have pushed companies to understand where they store and manage data over the residual life cycle to be compliant with these requirements. GDPR is a new privacy regulation in Europe that protects the personal data for any individual based in the European Union (EU), regardless of citizenship or where the data is being held. It applies to any organization located inside or outside the EU if it offers goods or services to, or monitors the behavior of, EU data subjects. This regulation will be enforced in May 2018 and outlines strict fines for those companies found to be out of compliance. With the deadline just under a year away, now is the time for organizations to begin to establish a process for adhering to the necessary requirements....

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Gearing Up for GDPR: Don’t Get Left Behind

Data Informed, Sept 2017
James Baird

We operate in an increasingly global business environment. There are clearly myriad benefits to global expansion, but – as many organizations are increasingly becoming aware – there are equally as many regulations and standards, based on the number of countries they operate in. Lately, the rapid introduction of new regulations has many companies worried about audit and compliance. Emerging compliance requirements in Europe, such as General Data Protection Regulation (GDPR), have pushed companies to understand where they store and manage data over the residual life cycle to be compliant with these requirements.

GDPR is a new privacy regulation in Europe that protects the personal data for any individual based in the European Union (EU), regardless of citizenship or where the data is being held. It applies to any organization located inside or outside the EU if it offers goods or services to, or monitors the behavior of, EU data subjects. This regulation will be enforced in May 2018 and outlines strict fines for those companies found to be out of compliance. With the deadline just under a year away, now is the time for organizations to begin to establish a process for adhering to the necessary requirements….