Cutting Through Red Tape: GDPR and Innovation in Large Enterprise Environments
With fines of up to € 20 million or 4% of global turnover (whichever is greater), the EU General Data Protection Regulation (GDPR) is the single most important data protection law that has hit Enterprise Data Management in history. And it’s not only fines companies have to worry about. Years of hard-earned customer trust can be swept away in seconds in the aftermath of a GDPR blunder.
The cost of complying with what is considered an international standard for privacy management has already forced many companies processing personal data to leave the EU market, close key businesses and even shut down entirely.
SPECIAL (Scalable Policy-aware Linked Data Architecture for Privacy, Transparency, and Compliance), a European Commission funded Research and Innovation project, aspires to help organizations operating in the EU overcome the fear of the proverbial red tape by proposing technical solutions which ensure compliance with such regulations without killing innovation or efficiency.
Driven by the real-world needs and use cases of Proximus, Deutsche Telekom, and Thomson Reuters, industry giants and project partners, SPECIAL aims to deliver technology which would enable:
- Personal data discovery in large enterprise environments
- Efficient and legal acquisition of data subjects’ consent
- Tracking data usage, along with the context it is being used in
- Compliance with both legislative and user-specified policies for all data processing activities
- Privacy-aware, secure workflows with access control
- Performance and scalability, and
- Mechanisms for control and feedback, making privacy in Big Data comprehensible and manageable for data subjects, controllers, and processors alike.
If you are interested to learn more, join us on March 20th at the 2019 Enterprise Data World Conference, in Boston. Bastiaan and Uroš will be there to discuss more on the technology available to change how enterprises tackle GDPR-compliance. Not in town around that date? No worries, make sure that the main insights of the talk will find you. Fill in this form and we’ll send you our deck.