GDPR violations may lead to substantial fines. In the first eight months after GDPR came into effect, European authorities imposed 91 fines large and small on various organizations. The most eye-opening action came in January when France levied €50 million on Google for privacy violations.
Your organization is unlikely to face a fine on that scale. Regardless, any fine can cause financial headaches. Even if you escape fines, your IT staff may already be spending an inordinate amount of time trying to ensure you’re staying in compliance.
When your staff relies largely on manual processes and unstructured data, it’s more difficult to think strategically about IT. They’re spending too much time performing tasks.
Fortunately, there are ways organizations can securely and easily maintain compliance with regulations on sensitive data and supervise captured electronic communications. The ideal solution will help you in five key ways:
- Automatic archiving: Archiving is about more than just saving emails. It’s about unlocking the value of the information running through and stored in the enterprise. The fewer resources you use to do this, the more staff time you have to assist other business functions.
- Targeted audits: Compliance auditors can turn audits around quickly when data is requested from regulatory agencies. This simplifies the complexities involved with investigations and audit requests
- Easier search: Organizations can use eDiscovery functionality for advanced search, tagging and data export. They can also perform an integrated search function for users to retrieve data regardless of the application where it originates.
- Compliant security: IT professionals can align actions with internal security policies and regulatory compliance demands for long-term data retention, disposition, and legal hold requirements.
- Privacy by design: Organizations can enforce protection by applying identity and data-centric controls to users and data.
Micro Focus’ market-leading information archiving portfolio helps customers consolidate a broad set of data types in a central repository to manage information uniformly by policy, and in accordance with varying legal, regulatory and IT requirements
To learn more about how compliance automation can address your company’s needs, take a look at our new white paper, “4 Data Security Best Practices for Maintaining Compliance with Data Security Laws.”