It appears that too many UK companies are still ignoring the regulation elephant in the room: the EU’s General Data Protection Regulation (GDPR).
A new poll says that nearly ¼ of UK businesses are not even aware of GDPR. And that, among those that are aware of it and believe GDPR will affect them, only 16 per cent said their business is ready for the changes.
The poll of 500 businesses, commissioned by the London Chamber of Commerce and Industry (LCCI), also noted that 21% of the same group would like to prepare for GDPR but they need to find out more about it.
We have been saying for some time that, despite Brexit, the UK is still firmly in the sights of GDPR’s regulators, because any organization processing personal data for the offering of goods and services to, or monitoring the behavior of, data subjects within the EU are also affected. And they have little time to prepare; the deadline is May 25, 2018.
GDPR is a game-changing challenge for organizations, involving people, processes and technology. You will have to throw everything you’ve got to meet the GDPR deadline, from people to technology. The challenge includes hiring a Data Protection Officer to oversee GDPR.
Then you must involve the enterprise architecture team, IT system and business process owners, IT security SMEs, compliance experts, risk managers, auditors, IT & business planners and strategists, and CEOs. HR, marketing, tech support and QA also have to be involved from the ground up. They each have a role to play and need a technology platform to let them do it.
To start your GDPR project it makes sense to find out where in your company you process privacy data and who uses personal data. This can be done using process modeling capabilities that include application systems, processes, data and risks.
A governance, risk and compliance (GRC) management solution can be used to establish an internal control system. If risks, controls and test cases are combined with business process management analysis (BPA) and embedded into process steps, GRC management can also help to improve performance and align all measures with the corporate strategy.
Software AG can help with all of this and more. Call us; there is still time