The European Data Protection Regulation will be applicable as of May 25th, 2018 in all member states to harmonize data privacy laws across Europe. What does this mean for you and your business?
In order to meet the requirements of the EU-GDPR, companies need to maintain full transparency regarding the purpose, location, and scope of the personal data it stores.
Violating the new EU General Data Protection Regulation can not only cause damage to a company’s reputation significantly, the company may also need to pay a fine of up to € 20 million or four percent of its global annual turnover (whichever is the higher).
Companies need to carry out risk and data protection impact assessments and respond to information requests quickly.
The right to be forgotten is a challenge for organisations because of the rich web of information that’s held in databases. It will increase the complexity involved in storing, classifying, and retrieving data in the future. Organizational measures and new approaches to data management will be needed.
i-views privacytrack is a company-wide software platform that enables organizations to make their IT landscape capable of meeting the requirements of the EU-GDPR. It supports the data protection officer with his or her tasks and thereby minimizes company risks relating to data protection.
How i-views privacytrack works?
The electronic processing directory builds the foundation. It applies to all or part of automated processing and non-automated processing of personal data stored or stored in a file system.
I-views helps to generate an inventory of the IT data protection landscape and thereby creates transparency regarding where and for what purpose personal data is stored, processed, or passed on.
The semantic graphic analysis processes facilitate the risk assessment and identify any action that is needed in order to achieve crucial data protection requirements.
With the smart Integration capabilities for existing procedures and dynamic management features i-views privacytrack becomes the central hub for your data protection efforts.