BI4ALL, a leading developer of Business Intelligence solutions, has developed a service offering to assist its Customers in the process of transition to the new General Data Protection Regulation (GDPR). On May 25, 2018, after a transitional period of two years, companies should have implemented the new required rules.
In this way, the GDPR is based on three characteristics, territoriality, ie will apply to the entire territory of the European Union, the level of sanctions, which can reach 20 million euros or 4 percent of turnover and, last but not least, the set of rights and duties that are assigned to citizens and which oblige companies dealing with personal data to change their methods.
It is therefore essential that organizations recognize this new reality and start joining forces to adapt these new changes. In order to be compliant by the date required, it is essential that a set of procedures, reviews, analysis and implementations be adopted.
To this end, BI4ALL has developed an integrated approach that addresses all these new requirements, helping not only the companies to comply, but also to create mechanisms to be compliant, ie it is the company's objective to continue to support its customers, even after May 25, 2018.
BI4ALL thus bets on an integrated approach, from the point of view of processes and operations, technology and legal issues. It is intended to identify the treatments, purposes, data flows, shares and transfers of the organization. On the other hand, a questionnaire will be drawn up in order to identify the position of the company against the requirements of the Regulation. And, on the other hand, an analysis will be made of the state of IT in the organization, in particular with regard to the specific subjects of data protection, such as: access management, monitoring, cybersecurity, automation of citizens' requests, management and gaps and solutions will also be identified through the creation of a plan of action and risk mitigation.
The technology company has established a partnership with a law firm that will follow the whole process, from collecting information, preparing and analyzing the questionnaires until the identification of gaps. Thus, BI4ALL is in an excellent position to be able to respond to all the demands that are being placed on organizations, in order to assist them in this process until 2018.
According to José Oliveira, BI4ALL CEO, "we are less than a year away from making GDPR official, yet companies are far from realizing the impact these changes will have on their business and it is essential that they start taking steps to compliance. We have developed this new service so that we can respond to a business need, enabling them to respond in the best way to this new reality", he says.