There’s no doubt that GDPR is a hot topic in the news right now, and has been for many months. But what kind of threat does it pose to your business? Is it simply an IT problem? Is it only a problem for companies that operate in a B2C framework? Or could it have potential negative ramifications to your business if not properly understood?
Even though the 25th May deadline has passed, it’s still hugely important to take GDPR legislation seriously and quickly assess which aspects of the law could apply to your business. In a nutshell, if you hold any customer or client data, you will need to be explicit about how that data is collected, stored, and used.
In theory, everyone will now be in charge of how their data is used, with assumed consent no longer a viable way of collecting or storing data. In practice, a number of (less trustworthy) businesses may turn a blind eye to GDPR legislation – but is that really worth the risk? As you can imagine, calculating business risk is a subject close to our hearts here at Risk Dashboard, and we’re ready to guide you through how you can quickly become, and remain, GDPR compliant using our integrated platform.
1. Quickly calculate business risk in relation to GDPR legislation
The Risk Dashboard platform has been designed with you in mind, from start to finish. This means it will easily integrate into your business, providing immediate structure and clearly highlighting areas within your corporation that require more attention. If there’s a chink in the armour regarding data protection, Risk Dashboard will quickly identify it. This not only saves you valuable time and resources, but provides you with the tools you need that will enable you to strengthen your data management systems.
2. Set realistic deadlines and measure your performance
Our ‘Information Security‘ module, for example, will evaluate what digital information your business currently uses and explain exactly why and how to implement structures to protect it. Information is a huge asset to any business, including customer or client data, and this module will allow you to operate in a GDPR compliant manner, whilst protecting you from external threats. This module will assess a number of different factors, including:
- Threat
- Vulnerability
- Outcomes
- Impact
As with all our modules, you can expect crystal clear structure, guidance, resources and progress reports to keep you on track.
3. Relax knowing you have a strong support team behind you
We aim to eliminate at least some of the pressure that the introduction of GDPR legislation has had on your business. We understand that it can be a minefield of information that’s potentially overwhelming and undeniably stressful. We will calculate and measure your business risk to save you the trouble.
If you haven’t acted already, now is the time to do so before you could get a hefty fine from the government! If you have any questions please don’t hesitate to get in touch contact Neil Campbell, Commercial Director on neil.campbell@riskdashboard.co.uk or info@riskdashboard.co.uk!
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