Compliance is often thought of as a burden – little more than a tick-box exercise to ensure your organisation meets regulatory and legislative standards. However, that’s looking at it the wrong way. What it actually provides is a statement of your organisational values and is an investment in future growth. It’s a vital part of ensuring that your organisation moves in the desired direction and can enable you to create added value for your business.
With GDPR on the horizon, now is a good time to review your data security policy. The first step is to take a holistic look at your entire infrastructure, from how data is created or acquired to how it is valued, stored, accessed and disposed of. This includes data coming in from customers, partners and suppliers; data created within the organisation, such as presentations and reports; and data that goes out, such as invoices and proposals.
The Global Data Protection Regulation (GDPR) will come into force in less than a year and organisations need to prepare for its introduction and be able to demonstrate compliance. This will require resources and an appropriate budget.