With GDPR becoming a four-letter word, are you tired of being bombarded with calls pushing you to address General Data Protection Regulation or perish? This is leading some organisations to bury their heads and close their ears. But there is a word, or in this case two, that you must hear: Information Governance.
Information and data security is a fundamental component of an effective information management regime, when coupled with re-use, sharing and exploitation of your information assets, will provide a platform for proactive and predictive analysis that delivers cost savings and a substantial competitive advantage.
Okay, let’s start with the bad news. The General Data Protection Regulation (GDPR) will come into force in the UK from the 25th May 2018 and recent surveys (by Netskope and Dell) have found that very few people know anything about it. The Dell GDPR Survey (of IT and business professionals with responsibility for data privacy as a significant part of their job responsibilities) found that more than 80% of respondents stated they know little or nothing about the GPDR.
The value of information can be many things – monetary, evidentiary, historical – and means more than how much it costs to buy, or the £ amount for which it can be sold. Businesses today are increasingly ‘information centric’ with data and information management playing a pivotal role in successful business models.
The European Union’s (EU) General Data Protection Regulation (GDPR) is now official, complete with greater sanctions - proposed maximum fines are huge - and more complexity around the processes relating to data protection and compliance. It’s a daunting time for organisations, but In-Form Consult (IFC) can help you deal with the changes ahead.
All organisations face challenges managing their enterprise information. How they address them varies. Some assess their situation and decide the best way to address the challenge is to set-up a project to deliver a solution. However, even for organisations who are delivering successful projects there is a track record littered with stories of cost overruns, technical failures, late delivery, cancelled projects and a host of other problems. In other words, the statistics seem to show that the odds are stacked against organisations trying to successfully deliver a project. So how can you improve your chances of success?
Deputy prime minister pledges to expand transparency law to include utility providers, regulators. Businesses that provide public utilities such as power and water may be subject to the Freedom of Information Act under reforms proposed by Deputy Prime Minister Nick Clegg today.
Clegg said the reforms are “part of our wider project to resettle the relationship between people and government”.