GDPR: Business benefits help the medicine go down
GDPR is here, meaning protection of individuals’ personal data is no longer a European Union directive but the law―one that applies to any company that collects and stores the data of EU citizens.
While many businesses have scrambled to shore up their data collection processes and systems amid dire warnings of hefty fines for noncompliance, GDPR is providing opportunities as well, say Bob Moore, HPE’s director of product security, and Jean Bozman, vice president and principal analyst at Hurwitz & Associates.
To ensure compliance, companies must break down data silos and better understand where their customer data is, establish more defined data security roles and responsibilities, and bring in expert partners to refresh their technology and processes where needed―all of which builds better businesses, they say.
In this discussion with HPE’s Paul Muller, Moore and Bozman highlight the implications of GDPR, what companies should focus on, and why data protection is one of the most pressing issues facing businesses today.