US Firms Cannot Avoid GDPR

As many as 80% of US companies may be affected by the GDPR according to new data, although it is an EU legislation.

Download GDPR Access Governance Solution Sheet

December 2017: As most organizations are by now aware, the GDPR legislation aiming to protect the privacy data of EU citizens kicks into force on 25 May 2018. Across most of Europe the legislation is causing quite some noise, but also across the Atlantic companies are waking up to the fact that they may just need to take action.

A new survey from HyTrust notes that just 22% of US based firms have a GDPR plan in place, with over 50% noting that they are either not concerned about GDPR or are unaware of its relevance to their business. But GDPR is something to pay heed to. Many more US organizations than initially expected will be affected by the legislation and they therefore need to get a plan in place.

The secret is knowing where to begin

For those deciding to take GDPR action, the next step is knowing where to begin. Many are also realizing that GDPR prepping is actually a great exercise for the business. A first step is to get your organization’s data cleaned up. This may be a lengthy exercise and one which reveals quite some secrets. We often find that many people have access to more files, shares, or portals than they should have – a problem not just in terms of the GDPR, but also for the company’s general compliance and financial regulations.

Get the access overview – and maintain it

The ‘how’ in how to get GDPR compliant is where many companies struggle, no matter where they are geographically based. Identity and access management can help you clean your data and give you an overview of who has access to what, who approved it, (when, why, and how), and how you can prove your compliance. Our unique governance capabilities ensure that this overview is constantly maintained and kept up to date, making sure you are always in compliance with the GDPR in relation to user access to privacy data.

HOW TO ACHIEVE GDPR ACCESS COMPLIANCE IN A FEW MONTHS

Organizations need to get an efficient and future-proof access governance solution in place in time for May 25 2018 and beyond., as solid access governance is a vital prerequisite for GDPR access compliance. Omada's approach will get you up and running in just a few months, supporting a fast track to get in control of data and demonstrate compliance with easy-to-use, easy-to-manage dashboards.

Download Omada's GDPR Access Governance product sheet to learn how you can achieve GDPR Access Compliance in a few months.

Download

Eight General Misunderstandings about the EU GDPR

In our dialogue with various organizations, we experience a great deal of misunderstandings in terms of what actions to take and how to initiate them. Therefore, we have gathered the most common misunderstandings about the new regulation here:

Is your Data Covered by the EU General Data Protection Regulation?

The core of the EU GDPR is the concept of “personally identifiable data.” This should be interpreted very broadly as “data, which can identify a specific person.”

Eight Steps to Ensure that Your Data Protection Measures are in Place

Organizations that have not done so already, have to start thinking in very pragmatic terms about what impact the GDPR will have on employees, processes, and technologies, and which measures to take to diminish business risk and get compliant in time.

Blog: New EU Regulations put your Business at Risk

The EU GDPR creates an asymmetric risk, in which the risk that the supplier is asked to cover, most often far exceeds the value of the commercial agreement.

Keep updated about EU GDPR and IAM. Subscribe to Omada's newsletter and receive information about the latest EU GDPR articles, events, and product releases.