GDPR Compliance Requires More Than ITThe new European General Data Protection Regulation (GDPR) is arguably the most dramatic change in data privacy and governance of the last 20 years.
They must assess the effect of GDPR on their business models and overcome challenges with a tight, pending deadline.
Approaches to GDPR vary. While firms in highly regulated sectors, such as financial services and healthcare, might approach their compliance strategy focusing on the impact on sophisticated data processing activities often involving third parties, organizations with linear and limited data handling practices start their compliance journeys from the definition of the appropriate organizational design.
In September 2017, RSA commissioned Forrester Consulting to evaluate GDPR compliance across four key pillars, including breach response, compliance program management, data governance, and risk management.
Here are some of Forrester's key findings:
› GDPR compliance is viewed as an IT issue.
› Companies must prioritize.
› Half of companies find multiple GDPR requirements challenging.
› GDPR compliance has business advantages
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