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THE RIGHT TO BE FORGOTTEN – KEEPING YOUR BUSINESS COMPLIANT

 

THE PROBLEM IS;

Newly enacted EU data privacy regulations place the burden on organizations to explicitly track and manage individual personal data. Any data consuming business needs to have clear compliance processes in place or risk heavy fines: up to €1 million or 2% of annual global sales for not complying with specific GDPR regulations. These EU regulations affect any company using the data of Europeans.

 

EXAMPLES

  1. Explicit consent by individuals is required for data processing

  2. Reverses the burden of proof – the company, not the individual, must prove the data cannot be deleted because it is still needed or relevant

  3. Individuals can require deletion of their data on request – businesses must adopt appropriate data retention and deletion policies

 

THREAT OF DOING NOTHING

Legal rulings - A May 2014 ruling by the European Court of Justice decided that search engines are responsible for the content they point to and, therefore, Google was required to comply with EU data privacy laws, at great expense

Inability to compete - 100 + countries have data protection laws on the books and new privacy rulings are coming into effect. A lack of ability to store and track personal data, as prescribed by new regulations, will restrict businesses from global markets

Loss of trust - Failure to demonstrate compliance with data protection laws damages a business’ reputation

 

SOLUTION

Proactively implementing a records management solution provides transparency and accountability, and helps companies to comply with data privacy regulations. Organizations will be able to demonstrate they know what they hold, where it is stored and how they will delete it when asked to do so.

 

THE MACKSY KIT

  1. Viewdirect Repository - Enterprise Content Storage and Long-Term Archiving

  2. Viewdirect-Audit and Balancing System - Enterprise Content and Data Matching, Validation and Reconciliation

  3. Records Manager - Electronic Records Management for Distributed and Mainframe Systems

 

BENEFITS

The combination of Records Manager and ViewDirect-ABS provides organizations with an automated and full-featured records acquisition, retention and disposition system that works on your corporate schedule. Data retrieval from any data source or application assists with audits and ensures compliance.

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