NEWS
- How will the new EU data protection requirements (GDPR) affect your organisation?
The EU General Data Protection Regulation (GDPR) is new legislation that provides a single, harmonised data privacy law for the European Union. With the increasing risk of data breaches from cyber-attack, the GDPR aims to prevent the loss of personal data by improving data security for all individuals living in EU member states.
- The why, the how, the who, the what, the exceptions, the consequences and the solution to GDPR compliance
The aim and goal of the EU General Data Protection Regulation (GDPR) are to both strengthen and unify the data protection rights of individuals within the European Union (EU) and at the same time address the transfer of personal data outside the EU. The compliance deadline for GDPR is May 2018; however, the amount of internal collaboration to address on how data is collected, stored, used and archived means that planning compliance to GDPR cannot wait any longer
- Personal accountability for data protection at the board level is an issue.
In the good old days, the board of directors were accountable to the shareholders for its actions. This limitation has now changed forever. The Board and the committee members are now more responsible to the oversight authorities as well as to the annual assembly and the shareholders.
- Characteristics of a Responsible Lift-Off of the General Data Protection Regulation (GDPR) implementation.
The timeline & milestones for EU general data protection regulation require that companies throughout the EU address the significant challenges in handling personal data when the General Data Protection Regulation (GDPR) goes live. The new GDPR regime cannot be automatically translated into the current IT platforms and data structures within the organisation. However, when stakeholders figure out how the current data is collected, stored, accessed, disclosed and utilised the difficulties in complying are activated.
- Principle GDPR definitions that will have a considerable impact on the IT, Data and security policies of the organisation
- GDPR is an opportunity for organisations to re-balance their total digital engagement
From time to time, companies are faced with regulatory Governance, Risk Management, Compliance (GRC) and IT-Security issues that are on the onset extremely cumbersome. It probably started with SOX (Sarbanes-Oxley Act) in 2004 for added good Governance, after the financial crisis in 2008. The Glass-Steagall Act, (37 pages) was replaced by Dodd-Frank (848 pages) for added Risk Management processes. 20,000 new regulatory requirements for the financial services industry were created in 2015 for added Compliance and to avoid big banks to fail. Now added IT-Security and Data Protection systems must be implemented under The General Data Protection Regulation (GDPR) to protect and preserve all corporate data.
- Ready or not, GDPR is round the corner
Another year has passed with a collection of massive data breaches. The year 2015 had some massive violations. However, 2016 has proved to be worst year, with two of the largest data breaches in the history of mankind. Besides the massive hack at the Democratic National Committee with significant global political implications and a continued onslaught of breaches from healthcare, to point pf sale technology.
- Do not mess up the EU Data Protection Compliance
Based on recent research, a recent survey indicates that up to 75 percent of Nordic organisations could be at risk of sanction under the new EU GDPR rules. Primary results: more 52% have done nothing at all to prepare themselves for GDPR, 36% were unaware of its existence.
- GDPR spelt backwards is Regulation on Protecting Data with Governance
Getting started head on to assess, compile and measure the tremendous amount of effort required for GDPR compliance cannot be performed by other than in-house staff who know the idiosyncrasies of digital platforms, software ecosystems and how to streamline the current data and communication structures.
- The Changing Dynamics of Data Protection, IT Governance and the International Transfer of Data
Many organisations face the challenge of needing to comply with the new EU General Data Protection Regulation (GDPR) by May 2018. There is no shortage of advice as to what these organisations need to live up to, but currently, there is little information or guidance as to how to do it. Developing a GDPR Roadmap with an implementation framework should be an early priority to ensure an organisation is focused on doing the right things, in the right way and at the right time.
- GDPR workshops in Denmark (for our danish audience)
