GDPR – Lion or Lamb?
As some of us remember, when the century changed, many thought the world would come to a standstill in transitioning from 1999 to 2000. It didn’t. In fact, things went pretty smoothly. I’m sure there were some hiccups here and there, but life as we knew it continued. Will the General Data Protection Regulation (GDPR) be a lion or a lamb? Well, that depends.
If you store personal data about even one employee, customer, partner, or supplier from an EU country, then GDPR applies to you. Your assessment of the risk it poses will determine the actions you need to take. You can use one of our applications to find all instances of privacy data, regardless of where it is stored, to help quantify the problem and determine the risk. An added benefit is that you can finally clean up all content that has no value.
If you regard your organization as being at low risk and you choose to ignore GDPR, will you potentially be locked out of opportunities in the EU in the future, or in any other country that may enact the same law? You are also ignoring the option to smarten your security and compliance practices, even if you do not currently collect personal data from EU companies.
Medium risk? Ignore GDPR, and there is the danger of loss of business and decreased growth. Sorry, it won’t go away. Again, you are missing the opportunity to implement best practices and reduce risk. Potential data breaches still exist.
High risk? Well, this you can’t ignore. Need I say more? Into which category would you place your organization? What are your next steps?
To get to grips with GDPR, access our Enough Talk – Solving GDPR Problems Through Metadata-Driven Compliance recording. This webinar explains not only the ramifications of GDPR but also how to address the compliance issues. It examines the tactical aspects of the solution, little-known stumbling blocks, and different tools that automate changes and provide an audit trail for compliance.