GDPR compliance, in an organization with diversified and fragmented data, can be a challenging goal. An organization must have comprehensive governance, risk management, and compliance (GRC) strategy in place in order to achieve GDPR compliance and have complete control of the data assets.
GDPR compliance, in an organization with diversified and fragmented data, can be a challenging goal. An organization must have comprehensive governance, risk management, and compliance (GRC) strategy in place in order to achieve GDPR compliance and have complete control of the data assets. This is the stepping-stone to an effective data privacy regime that helps mitigate risks, ensure compliance, build trust, and protect organization’s brand value.
Columbus encourages you to start the compliance journey early. At the stage of defining the project goals, review existing business processes and data landscape, identify the key focus areas and activate a project governance structure to help meet the goals. Defining and documenting the top-priority as-is and for the to-be processes and mapping organization’s capabilities to them in very critical.
Let us look at the 10 best practices to implement and make your GDPR compliance a success:
- Treat GDPR Compliance Project as a strategic investment with perennial benefits.
- Ensure top management support. Let the Business and IT Leadership (Chief information officer and Legal Head) team own the responsibility of GDPR compliance project deliverable.
- Make sure that there is proper organizational alignment with chief information security officer, Legal, compliance, HR, and Data Protection officer.
- Kick-start a data mapping and analytics project across the organization. Aim for one platform that can provide a complete view at any given time.
- Ensure process governance .i.e. ongoing maintenance of process documentation.
- Setup a Continuous Improvement Framework that involves SOTA (state-of-the-art) targets.
- Have a robust response and communication process in place in case of a breach
- Implement specific GRC (governance, risk management, and compliance) and GDPR business processes and flows with RapidValue BPM Suite once you are GDPR compliant.
- Align your GDPR compliance goals and objectives with RapidValue BPM Suite.
- Know how Security and Compliance Studio for D365 for FOE enables companies to take a major step towards safeguarding data assets and resources in alignment with GDPR compliance.
The deadline for compliance with the GDPR (General Data Protection Regulation) is May 25, 2018. It is advised to start the compliance journey of your organization as soon as possible.