The General Data Protection Regulation (GDPR) coming to a head in May 2018 is when the regulation really takes hold, and organisations are fast in the act on putting plans, processes and personnel in place. Its effect will be felt worldwide, any company holding the personal data of EU individuals will have to ensure they’re compliant. At this point of time, most large organisations have established a task force or at least assigned a dedicated person to drive the GDPR compliancy.
The GDPR aims primarily to give control back to citizens and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU. In order to be able to demonstrate compliance with the GDPR, the data controllers are implementing measures which meet the principles of data protection by design and data protection by default.
Organisations with a strong IAM strategy in place are more likely to be able to tell the right people at the right time if their data has been compromised.
From a business point of view IAM strategy is important to manage customer identities, not only to comply with the GDPR, but also so help improve the business’s view of its customer and its relationship with them. IT organizations are already in the progress of updating their identity management solutions to implement the fine-grained access to personal data in line with the GDPR. Are you ready?