Do you understand the implications of GDPR in relation to your current SAP landscape and future use of SAP?
The European Commissions’ regulation for data protection rules have been updated in the General Data Protection Regulation (GDPR) with legislation coming into force on 25th May 2018 to all EU countries.
GDPR compliance represents the biggest shake up of data protection law in over 20 years. It will have a massive effect on UK organisations and will introduce greater regulation, control and governance over personal data.
The new data protection rules will create a harmonised framework and present a multitude of new compliance obligations around new consent rules, enhanced privacy rights of individuals, demands for privacy impact assessments to understand risk, and ‘privacy by design’ for all business operations and processes. New obligations for data transparency will also be introduced for confidentially breaches and new rights against the use of personal data with the right to be forgotten and data portability. As a result, we face far stricter rules for capturing, storing, processing and managing data.
Preparation to comply with GDPR needs to start now. Consequences of mishandling personal data will potentially lead to non-complying organisations facing fines of up to 4 percent of their global annual turnover or €20 million, whichever is higher.
Even though this regulation becomes effective in May 2018, requirements and practices to protect sensitive data are already defined, and they bring big challenges – making it even more crucial for organisations to get their SAP landscape in order now.
As we at itelligence started this journey it got me thinking about the benefits that good data governance relating to personal information could bring an organisation
All SAP systems such as SAP ERP, Business Intelligence (BI), CRM, HCM and other SAP applications need to be included in your GDPR preparation project. In order to comply, you will need a focused approach to managing, owning and processing data.
There is a lot of complexity and confusion about GDPR. As a trusted SAP advisor and full-service provider of SAP applications and analytics solutions, itelligence can provide clarity of thought and straightforward actions on what you should consider when embarking on your data compliance journey.
GDPR is important with huge implications. In the context of a wider data management and information lifecycle management strategy, we can highlight the practical steps you can take now to minimise the risk in your SAP systems. No single solution can address all of GDPR’s requirements but there are specialised SAP solutions that can present a comprehensive platform to managing risk within SAP and non-SAP systems.
itelligence has a number of pre-packaged risk management solutions and accelerators, developed from our global knowledge pool and supported by strong partnerships with leading GRC providers. Complemented by our data lifecycle methodology (Map, Monitor and Manage) we can help you to mitigate risk as you embark on your GDPR journey.
itelligence can provide clarity of thought on what you should consider when embarking on your data compliance journey.Download now
The Impact of GDPR Compliance on SAP BusinessObjects Customers.Download now
A key requirement of GDPR is the ‘right to be forgotten’ and data portability involving the identification, blocking, deletion and archival of sensitive data.Download now
We have developed methods to enable customers to find, catalogue, analyse and understand the lifecycle of data within an enterprise data warehousing and SAP BusinessObjects landscape.Download now
Are you searching for answers or would like to receive more information on GDPR? Contact us – we will be glad to help you.
The information in this webpage is not a commitment, promise or legal obligation to deliver any material, code or functionality. This webpage is provided without a warranty of any kind, either express or implied, including but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. This webpage is for informational purposes and may not be incorporated into a contract. itelligence assumes no responsibility for errors or omissions in this webpage. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates, and they should not be relied upon in making purchasing decisions.
NOTE: Information in this webpage in no way guarantees that SAP customers will achieve GDPR compliance. It is the customer’s responsibility to adopt measures that the customer deems appropriate to achieve GDPR compliance. The purpose of this content is not to provide legal advice or exhaustive information but rather to create awareness of the implications of the rules under the General Data Protection Regulation (GDPR). If you have any questions about the issues raised or if specific advice is needed, please consult your legal advisor.
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