The General Data Protection Regulation is Coming fast: Will you be ready for 2018?
As of 2018, every organization that does business in the EU will have to meet new data protection rules, or pay a steep fine. Compliance requires precise knowledge of the data you store and process, and the right data management policy across your organization.
Make sure you’re on track to meet the 2018 deadline.
Read the Gartner report: Focus on Five High-Priority Changes to Tackle the EU GDPR
The European General Data Protection Regulation will have a global impact as of 2018. IT leaders confronted with the many changes should prioritize efforts where they are most needed. To tackle the top five high-priority changes and get up to speed with GDPR requirements, you need to:
- Determine how your role will support GDPR compliance
- Appoint your data protection officer
- Demonstrate accountability in all processing activities
- Check your cross-border data flows
- Prepare for data subjects exercising their rights
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A GDPR framework Your first line of defense for GDPR Compliance
Based on decades of expertise in process analysis, enterprise architecture and governance, risk and compliance, Software AG equips you with a GDPR framework built on six enablers to make your company GDPR-ready.
Your company has no shortage of data about customers and employees. But without a doubt, you don’t have complete knowledge as to all its whereabouts, its composition, its usage, how it was captured and how well it is being protected – at least not at the level of detail required by GDPR. Software AG gives you the means to fully comply with GDPR restrictions on personal data with solutions to properly classify the data you have and build a comprehensive record of processing activities and business processes. You’ll be able to satisfy customer inquiries and requests competently, and react quickly and effectively in the event of a data breach.
Communication will be both a strategic and tactical strategy against compliance violation. If you can ensure stakeholders both internal (employees, subsidiaries, outsourcers) and external (customers, auditors and business partners) get the information they need, when they need it and in a palatable form, you’ve won half the battle. Use Software AG’s powerful reporting capabilities to deliver compliance status and progress reports for every audience, compile evidence of lawful processing for auditors and certification boards, and totally fulfill disclosure requests from data subjects.
Even the slightest misstep in handling personal data could put your company at risk of non-compliance. Make sure everyone in your company understands the basic underpinnings of GDPR, their specific role in the matter, and, especially, what’s at stake – huge fines and a damaged reputation. Software AG’s GDPR solution, with its enterprise-wide reach, ensures you can effectively communicate and enforce your policies, principles, and procedures for compliance. Conduct readiness surveys and regular trainings – in particular, what to do in case of a data breach – to help foster personal engagement.
The frenetic pace of our highly competitive digital marketplace and daily pressures to meet work demands can make risk seem like an afterthought. Yet, as GDPR demonstrates, data protection and security demand greater attention in the digital age – ignore it at your own risk! Make risk awareness universal to your business operations with Software AG’s solution to integrate impact analysis, risk assessment and mitigation into business processes. We’ll even help you identify where to direct your energy with issue and incident tracking capabilities.
The authors of the GDPR recognize that the business world keeps evolving. They mandate privacy impact assessments when you introduce new technologies. This means for every software tool and process you add, you need to establish a risk-aware IT planning procedure for GDPR assessment. You also have to assess existing projects for GDPR-relevance and revise them accordingly. Use Software AG’s GDPR solution to implement privacy-by-design requirements, coordinate and synchronize all parts of the enterprise on planned changes, and work collaboratively with business to assess impact of GDPR on digitalization strategy. Move forward confidently on business and IT innovation with Software AG’s “whole-view” business and IT strategic planning and compliance platform.
Some are concerned that GDPR will put a dent in companies’ digitalization strategies. But the truth of the matter is that when it comes to delivering a superior customer experience, GDPR presents the opportunity to add data protection rights to your portfolio of personalized services.. Software AG’s strong business process analysis and customer journey mapping capabilities help you assess the impact of GDPR on your digitalization strategy and the customer experience you offer. It will also show you where data capture occurs to provide GDPR-mandated information and where to implement “right-to-know” touchpoints.