News

Life after GDPR

by Alastair Parr 24th May 2018 Blogs

Protect your valuable GDPR data

Maintaining a networks reliability and protecting its data, in a threat landscape which is constantly evolving can be overwhelming and difficult to keep on top of. The UK witnessed some of the most successful breaches in 2017, with reputable organisations such as Uber, the NHS and Yahoo affected. Examples of hindered reputations and legal investigations are largely publicised, and therefore organisations are more mindful than ever of security violation implications.

With the GDPR’s [General Data Protection Regulation] recent implementation companies faced challenges as they worked to put systems and processes in place to comply. Now that these have been employed and personal data has been discovered and identified, it is important to recognise the data’s demand for precise monitoring and processing. There’s no denying that data maintenance requires time and vigilance, however it is vital that organisations take the correct precautions to stay compliant, avoid breaches, and therefore hefty fines.

3GRC’s Platform simplifies and streamlines the process of maintaining personal data, switching from a manual process to a visual, easy to digest software-based format. The Platform contains many adaptable features to help organisations keep on top of and improve their GDPR compliance, however the 3GRC Team believe the following features could benefit your organisation the most:

GDPR readiness assessments

Don’t be fooled into thinking you are done with these… The 3GRC GDPR readiness assessment is designed to assist organisations with understanding and identifying how they compare with the GDPR regulation. Whether you are already compliant or need to work towards compliance, this assessment is extremely useful for both internal and external use. They work particularly well when assessing a third parties compliance and when reassessing your own compliance status as you process and acquire new data.

Identify and organise risks

The Platform automatically identifies and maps where sensitive and critical data exists within your organisation helping you to stay compliant as an ongoing exercise. It indicates and categorises risks that are present internally and externally, by assigning a risk score, which when analysed reveals the risks that are a larger threat and therefore should be prioritised. The Platform allows you to set and delegate realistic deadlines which can be easily monitored and updated as you work towards improving your compliance status.

Monitor your third parties

The GDPR places obligation on both data controllers and processors, meaning that if a third-party processor is non-compliant, this affects your organisation. The 3GRC ‘relationships’ function allows you to map relationships between entities, assigning custom attributes which allows you to monitor visually, exactly who is viewing, using and shifting your data, and even how much data is being transferred. This not only gives you the ability to completely control the use of your data, but also to recognise where breaches may affect you. The Platform enables users to distribute policies, communicate informally and measure risk scores of third-parties, ensuring you are always in control.

Audit trail protection

In the first year of implementation, it is estimated that the EU could collect up to $6 billion in fines and penalties, and with the GDPR leaving much to interpretation, organisations need to minimise this risk as much as possible. 3GRC’s Platform collates all GDPR related information, including data, actions and reporting, storing it in one place. This means that if breaches were to happen, evidence is readily available to demonstrate your organisation took the appropriate measures to monitor and control your compliance.

Data Protection Impact Assessment (DPIA)

GDPR states that data privacy impact assessments are required to assess whether project or asset implementations need to be considered for GDPR procedures. The DPIA, available within the 3GRC Platform, evaluates the origin, nature and severity of potential risks and then provides recommendations to mitigate identified risks ensuring constant compliance. An effective DPIA will allow organisations to identify and remediate issues at an early stage in a project or asset implementation, reducing the associated costs and reputation damage which might otherwise occur.

The 3GRC Platform goes above and beyond to ensure your organisation achieves and maintains GDPR compliance helping you to create a comprehensive profile. Now that the GDPR is in effect, contact us today for more information on 3GRC’s Platform and how we can help you fulfil GDPR requirements and avoid damaging implications.

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