GDPR is like a meteorite hurtling toward earth. We know it’s coming. Are we ready?
Most of us aren’t, and there is growing confusion over just what readiness means, judging by these news items:
Finally, most absurdly, 30% of UK business leaders have never even heard of GDPR, according to Info Security.
Don’t expect clarity from all of this.
But don’t despair — there is a plethora of new products designed to help firms comply with GDPR (part of the growing business known as RegTech). For example:
ForgeRock has come out with something called the Privacy and Profile Management Dashboard. When deployed, it allows consumers to manage their own personal data and to exercise the following right: access, rectification, erasure, to be informed and withdraw consent at any time, the right of rectification, the right to withdraw consent at any time, the right of erasure or the right to be forgotten, the company says.
TrustArc is offering a new solution called Data Flow Manager, a data inventory and mapping tool that “builds and visualizes business process data flows to dramatically simplify the steps companies must take in order to produce the controls and reports needed to comply with GDPR and other privacy regulations,” the company says. It was announced this week during the IAPP Privacy. Security. Risk. 2017 conference.
Opus has launched its third Party GDPR Compliance solution. It helps users identify third parties that “scope the appropriate controls for each third party,” send relevant questionnaires to those parties, automatically map to specific controls, and recommend and track remedies when a control is not met, Opus says.
The Media Trust has launched the Digital Vendor Risk Management service. It automates website and mobile app tracking, and resolves compliance issues, the firm says. In addition, The Media Trust will certify vendors who agree to fix their web and app codes to comply with the GDPR.
There are doubtless many more. We apologize for those omissions, and will post updates as time rolls on. Finally, here are some tips for U.S. firms, from EJ McGowan, general manager of Campaigner at 2 Global, as published in MarTech: