Consumer behavior and the Big Data created by the Internet of Things (IoT) is driving the digital transformation that is quickly reshaping all of today’s organizations. It places great demands on how personal information is treated.
Protecting such personal information and consumer integrity has become a high priority for the EU. Under the EU’s new General Data Protection Regulation (GDPR), every consumer and citizen has the right to know how PD is used – as well as the right to have his or her data completely erased upon demand. Naturally, this means that organizations that store consumer data must be vigilant and rigorous in protecting such data. The EU values consumer integrity to such a degree that companies who do not comply with GDPR may be fined up to 20 million EUR or 4% of annual global turnover.
You might already have read a post by my colleague Cecily Hoffriz where she describes the 5 steps recommended for becoming GDPR compliant by the deadline in May 2018.
In this video, I will explain these steps a bit further: what they are and why they are needed. I would like to encourage you to take action now to make sure your organization can meet the requirements in time.
Good read recommended: Solution Overview on EU Data Regulation.