UNDERSTAND YOUR DATA – WITH DATA ABOUT YOUR DATA

The new UK Data Protection Act based upon the European Union GDPR (General Data Protection Regulations) will apply from 25th May 2018.  These extend existing Data Protection rules significantly and giving individuals increased control over their personal data.  The penalties for non-compliance are also much greater and could be up to 4% of global turnover or €20m whichever is greater.

 

New Data Protection Regulations (GDPR) requires that you understand the personal data you hold like never before.  Implement a Data Governance capability to manage your data and provide management information about your data.  If you require data about your data, this is where Datavault can meet your needs.

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  • CIO / HEAD OF I.T

    • Are you concerned that data protection is considered an IT problem not a business problem?
    • Would you like to see GDPR data governance practices extended to cover other types of data in your organisation?
    • Can your IT architecture cost-effectively support the new requirements of GDPR?
    • Do you need an agile approach to supporting the management information needs of GDPR?

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  • CHIEF DATA OFFICER / DATA PROTECTION OFFICER

    • Do you have reliable data that proves regulatory compliance?
    • Do you think your GDPR implementation should deliver more business benefit than just legal compliance?
    • Do you have access to the data about your data (metadata) you need to perform your job?
    • Have you benchmarked your organisation’s information governance maturity and have targets for improvement?
    • Do you know where all your customer data is held across the company?

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  • HEAD OF MARKETING

    • Are you worried about inadvertently exposing your business to reputational damage?
    • Do you get reports to show your marketing data complies with GDPR?
    • Do you see GDPR limiting your marketing effectiveness?
    • Can you control the data explosion from Big Data and Social Media?

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  • CFO / FINANCE DIRECTOR

    • Did you know that failure to comply with new Data Protection (GDPR) rules could result in fines of 4% of global turnover?
    • Do you assign clear accountability for data ownership across the organisation and have metrics to measure their performance?
    • Do your current IT systems enable regulatory compliance?
    • Are you concerned that your company will not be ready to comply with GDPR by May 2018?
    • Are you able to monitor adherence to policies, standards and processes?

WHEN WILL GDPR COMPLIANCE COME INTO EFFECT?

A GDPR compliance project requires a multi-disciplinary look at the people, policies and process surrounding the management of personal data.  One of keys to the successful implementation of GDPR is to have a sound data governance framework.

 

Our training courses provide an overview of the activities needed to support GDPR in your organisation.

 

GDPR is an opportunity to embrace data governance and use it both to ensure compliance and to make sure the organisation maximises the value it gets from its data. Instead of viewing GDPR as a drain on costs with an emphasis on minimum cost compliance; why not make it a significant driver of value.

Data governance is a set of processes that ensures that important data assets are formally managed throughout the enterprise to ensure the data can be trusted and that people can be made accountable for any adverse event that happens because of poor data quality. It is about putting people in charge of fixing and preventing issues with data so that the enterprise can become more efficient.

BE PREPARED FOR CHANGE

Mature Data Governance will mean you are well prepared to cost effectively embrace the next set of regulatory or legal challenges when they arrive, which they surely will.

TREAT DATA AS AN ASSET

It costs money to generate data. It is the life blood of the digital economy. Monitor what data you hold, where you hold it and why so you can ensure it is legal and protected.

REDUCE THE RISK OF NON-COMPLIANCE

The potential liabilities of not complying with legal and regulatory requirements presents an immense reputational risk to the brand and financial risk to the business.

We believe effective GDPR compliance and minimising the impact of any future regulatory changes, requires centralised control and monitoring.  Those responsible need data about the company’s data to execute their responsibilities.  Subject access requests are most easily supported by a universal structure, and that the best way to deliver this is using modern, agile data warehouse technology.

FULLY AUDITABLE

Full auditability gives an understanding of the origin and integrity of the data. The auditor can trace issues back to the source. The Data Steward in the organisation retains control.

MEASURE AND BENCHMARK

The capability to monitor metrics allows organisations to demonstrate maturity and compliance. Move from policy enforcement to risk prevention.

INCREASE EFFECIENCY

Enable staff to spend more time using data and less time searching for data or validating it. Unlock the data already held within the organisation.

A Data Vault Data Governance solution will ensure that data from across the enterprise is catalogued, understood and monitored using metadata (i.e. data about your data).  The latest data warehouse tools and techniques underpin this, including our quick start pre-configured pattern, making master data management a reality.

INCREASE TRUST

Increasing data accuracy and timeliness of data will build trust and confidence across the organisation. This will reduce the silo mentality while giving a central view of data management.

IMPROVE YOUR DATA

Reduce duplication of data, increase quality and accuracy of data. Identify sensitive data and understand the consent given.

MANAGE SUBJECT ACCESS REQUESTS

Respond easily and confidently to personal data requests by knowing what data is held reducing the overhead of responding or quarantining.

Datavault certainly has the vision and capability to deliver data systems needed to support your GDPR initiatives.
Andrew Churchill – Digital Innovation Director at TISA UK (Establishing Industry Code of Conduct for GDPR/Data Sharing Principles)

We are Data Governance Experts

Talk to us about preparing for GDPR