Covid-19 turned out to be the biggest accelerator for digital adoption. The firms which traditionally shunned digital ways of working, have either adopted them or are in the process of kickstarting their digital transformation journey.AMcKinsey survey found evidence of this acceleration.
Digital Transformation And Financial Crime Prevention
11-Oct-2022 14:30:05 / by Vilas Prabhu posted in GDPR, Data Security, data protection, financial crime
Data protection in healthcare: 3 tips to remain secure and compliant
26-Sep-2022 12:50:33 / by Hari Pindoria posted in NHS, Healthcare, GDPR, Data Security
Under GDPR, your healthcare organisation only needs to store and process data if it:
Why the Cambridge Analytica scandal is good for GDPR Consent
16-May-2018 19:47:33 / by Esperance Barreto posted in GDPR
Will the dust ever settle on the data deceit of the century? Aka the violation of user data by Cambridge Analytica and lack of vigilance on the part of Facebook, which compromised the personal information of 50 million Facebook users. Only time will tell.
Does GDPR compliance prevent holiday hiccups?
23-Apr-2018 11:31:08 / by Esperance Barreto posted in GDPR
Imagine, you purchased an all-expenses paid holiday of a lifetime to the Caribbean, as a surprise gift for your mother on her 60th birthday. Sadly, it never ever reached her even though your trusted holiday provider dispatched the gift way ahead of time.
Data Driving You Crazy? GDPR Compliance to the Rescue
16-Feb-2018 11:18:24 / by Esperance Barreto posted in GDPR
It’s a daunting task isn’t it? But, that’s what compliance can feel like at the start. GDPR compliance is definitely a business cost. Yet, you'd be missing a trick or two if you view it as only that. In fact, you'd miss five.
Did you know that GDPR Compliance Saves Data Storage Costs?
25-Jan-2018 21:20:58 / by Sagar Gole posted in GDPR
Once in a while, we’ve all felt the need for a spring clean of stuff. This fact holds true for data that businesses have on customers.
In this digital age where information proliferates across various online channels, it is important to be mindful of how data is used and stored, as it can have serious implications.
Which is why, getting rid of clutter can feel good and save huge storage costs, especially where data is concerned.
Pave the way for Data Protection
As GDPR compliance looms large on the horizon, businesses must steer clear of hoarding irrelevant data. Data minimisation, a key GDPR principle will serve as an important measure for facilitating data protection by design and default. The regulation defines data minimisation as ‘adequate, relevant and limited to what is necessary in relation to the purposes for which they are processed.’
Take the example of our retail customer who experienced a major space crunch on its enterprise data platform. As a strategic IT partner, we investigated the cause of the storage loss in order to implement measures for freeing up space on the platform.
Upon interviewing a cross section of business and IT stakeholders, we discovered that a lot of data was unnecessarily hoarded. Key findings of the investigation included:
- Unspecified data owners, resulting in orphan data within the system
- Regulatory concerns leading to data hoarding
- Departmental silos resulting in multiple copies for different reporting requirements
Why GDPR Offers Opportunities for Building Unified Data Landscapes
10-Jan-2018 13:38:41 / by Hitendra Thatte posted in GDPR
Look at it as a double-edged sword. On the one hand, when GDPR comes into force on May 25, 2018, your customers can exercise their ‘right to information’, ‘right to erasure’ and ‘right to data portability.’
How to Journey on the GDPR Compliance Route with Ease
04-Sep-2017 11:37:17 / by Ashwini Patil posted in GDPR
If your personal privacy was violated you’d be really upset. And rightly so, as your right to privacy is precious. In the business world, it is the onus on businesses to ensure the security of customer data. As the unlawful usage of data can ruin the relationship that enterprises have with customers.
Considered these GDPR Challenges in Connected Environments?
02-Jul-2017 18:17:58 / by Gordon Cullum posted in GDPR
Take for instance, the public sector, which is growing extensively connected. This could be because numerous government bodies share citizen data for civilian convenience, analytics and cost-control.
To further complicate matters, GDPR compliance is creating huge challenges in these connected environments. For example, if PID (Patient Identifiable Data) is shared across departments or organisations without any governance, there are obvious risks around not having a common view of controls, which lead to data leakage risks.
How to avoid Data Breaches with GDPR Compliance in the Public Sector
02-Jun-2017 15:26:10 / by Gordon Cullum posted in GDPR
It’s touted as the Holy Grail to encourage data compliance, customer retention and nurture by most in the industry. In fact, in our April blog, Graham explains how financial institutions can use the requirement to comply with new legislation around personal data collection and processing as an opportunity to regain consumer confidence.