RIM can help organizations seize GDRP opportunities.

PositionPRIVACY - General data protection regulation - Risk and insurance management - Brief article

A recent opinion piece found on Information-Management, com emphasizes the opportunities rather than the challenges that come with the May 2018 enactment of the Ell's General Data Protection Regulation (GDPR), which will impact any entity that handles personally identifiable information (Pill of any EU citizen.

David Kemp, an information governance official at Hewlett Packard Enterprise, writes that there is great potential for those organizations that get ahead of the GDPR: "These benefits can include greater credibility with customers, increased operational efficiency, accelerated product development and protected brand reputation."

Kemp believes that records and information management plays a leading role in such proactive compliance. One UK insurer, for instance, in an effort to comply with the forthcoming PI I statutes, drained its "data lake" and soon noted significant ROI from reduced storage costs.

In a second example, Kemp says a multi-national oil company...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT