GDPRGeneral Data Protection Regulation
W5’s Ontology that makes sense for your business and GDPR. In short, there are three pillars to surviving a successful audit, but more importantly teach you how to govern your ecosystem so the personal data that is so personal to our clients, stays that way.
The General Data Protection Regulation (GDPR) (EU) is a regulation in EU law on data protection and privacy for all individuals within the European Union. It also addresses the export of personal data outside the EU. The GDPR aims primarily to give control to citizens and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU. It was adopted on 14 April 2016, and after a two-year transition period, became enforceable on 25 May 2018.
The GDPR replaces the 1995 Data Protection Directive. Because the GDPR is a regulation, not a directive, it does not require national governments to pass any enabling legislation and is directly binding and applicable.
GDPR is primarily used to monitor and enforce rules and procedures for:
- Business executives that need to identify and manage risk.
- Finance managers assigned to meet regulatory compliance requirements.
- Legal counsels grappling with discovery and records retention.
- IT directors managing software installations related to GRC projects across an organization.
- Marketing Departments wondering what effect this will have on processes.
A key challenge to GDPR will be knowing what data is where, and how the data is aligned with business and the business criticality metric for GDPR compliance. Endigm provides the knowledge link between the governance perspective of how GDPR compliance is aligned with business processes, and how BOTH are aligned to the underlying data repositories. An Audit Resilience Assessment solution as a governing framework specifically designed for GDPR.
W5 Audit Resiliance Assessment
W5’s Audit Resilience Assessment is based on understanding governance and Enterprise Architecture for the Organization, Business, Applications, Security, and Infrastructure. Endigm’s Audit Resilience Assessment is focused on conducting assessments, roadmapping, gap analysis, process design, privacy impact, risk analysis, and incorporating these elements into a demonstrable review with scorecarding and remediation activities. We will blueprint a current state and action program for compliance and audit capability alignment. There are 4 areas of GDPR solutioning to consider, based on the size an interest of your organization. The Assessment for data discovery and cataloging is recommended for all companies. Look this way ===>
As a governance platform, it is the central landing area for understating the processes needed to operationalize GDPR requirements. Once completed companies can expect to have a comprehensive:
- Scorecard: detailing compliance and capability
- Finding and Observations: Data and process
- Roadmap and Gap analysis for remediation efforts as/if needed
Where are you in your corporate GDPR Journey?
The checklist to success
The secret sauce of GDPR compliance is not that complicated.
Ask yourself, if you are serving the right food in the right way to the people coming to your GDPR kitchen.
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BLUEPRINT FOR ERP INTEGRATION
In 6 months, W5 Consulting helps transform a small oil company into a model for intelligent enterprise integration.