///////////////////////////////////////////////////////////////////////
FEATURE: DATA MANAGEMENT
Get to terms
with GDPR
regulations
In May 2018, the General Data
Protection Regulation (GDPR)
comes into force and European
businesses are required to
abide by the regulations set
by the EU, or face serious
consequences.
E
nterprises around the world are preparing to comply with
GDPR, one of the strictest data privacy regulations in
the world, when it comes into play on May 25th, 2018.
Businesses throughout Europe should be aware that GDPR
applies to companies worldwide, wherever they may
be based, as long as they are handling data concerning
European citizens. Those organisations collecting data or employing third
parties to do so on their behalf will need to demonstrate their compliance
with GDPR in regard to how they are exercising the requirements.
GDPR also requires public authorities and businesses who process
personal data to appoint a data protection officer to monitor its use. The
regulations will require compulsory PIAs (Privacy Impact Assessments)
to take place where there may be a high risk of a data breach and it is
also a requirement to report data breaches to the local data protection
authority within 72 hours of discovery.
All software and systems will need to deal with stringent audit
requirements, meaning they are required to amend and permanently
www.intelligentcio.com
INTELLIGENTCIO
59