What is GDPR?

The General Data Protection Regulation, or GDPR, was adopted by the European Parliament in April 2016, and came into effect on May 25, 2018. The GDPR aims to harmonize data protection laws across the EU member states.

Equally important is the fact that the new regulation introduces several obligations for enterprises that handle personal data. These include stricter mechanisms for obtaining consents, timely notification of a breach to the impacted party, and keeping the need for personal data to a minimum. Individuals who have provided their personal data, will have several rights such as the right of access to and rectification of data, the right to restriction of processing, the right to erasure of data, the right to data portability, etc., as per the new regulation. These rules apply to both, the EU member states, and to enterprises outside the Union, which process the data of EU residents.

There are stiff penalties for non-compliance. Fines can go up to 4% of the annual turnover or 20 million Euros, whichever is higher.

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Challenges in Implementing the GDPR

How Can LTI’s SmartHub Help You?

Jump-start assessment with industry-specific toolkits, which contain process maps, checklists, questionnaires and tools, to scan text-based source code for PII, and depict variance on specific compliance parameters.

Establish a Privacy Assurance Office with best practices, policies and data stewardship, and create technology architecture to manage data subject consent, privacy by design & default, masking, subject access and rights, audit trails of personal data usage, and personal data maps for data accuracy and lineage identification.
Ensure smooth operations even after the May 25, 2018 deadline, by testing for data pseudonymization & anonymization; providing constant insights to measure the health of the compliance, and monitor the compliance activities; managing identity, access, and threats to future-proof the systems; and finally, integrating the ticketing systems that capture subject rights and consent with solutions, to carry out the rights.

What Makes LTI’s GDPR Offering Stand Out?

Automation Assisted DPIA – Identify where the sensitive data resides in your RDBMS, Cloud, file systems, compressed file formats, Office document formats, etc., in weeks, instead of months, using LTI’s iDiscover.

Rapid Implementation – Fast-track your implementation, centrally manage data subject consent and rights, and trace audit trail, by using LTI’s DSRM.

Intelligent Reporting – Get a unified view of all key governance areas via a centralized and intuitive dashboard, to provide automatic and assisted data protection.

Partnerships – Partnerships with leading Consulting, Legal and Technology Partners.

Success Stories

GDPR regulatory with Automated Assessment

Implementation of GDPR regulation for US-based Multinational Technology Company.

Hybrid approach for Compliance

Data Mapping & GDPR Strategy with hybrid approach for US-based Manufacturer.

Data Analysis and GDPR Strategy Implementation

GDPR implementation for leading Danish Retail Company

Data Minimization & Consent management

GDPR assurance for a leading Insurance Company

Nelson Hall GDPR Service Assessment, NEAT – 2018

An LTI Profile by Mike Smart - Senior Analyst, NelsonHall