Top 6 GDPR Compliance Software To Know In 2024
Top 6 GDPR Compliance Software To Know In 2024 Introduction Facts first, Data is important. Subsequently, it’s a necessary part of every organisation, large or small. In today’s world, almost every nation and industry has established regulations for data protection and security. To prevent landing on the wrong side of such laws, you need to ensure 100% compliance.In this post, you can expect a brief overview of the GDPR and top GDPR compliance software you should know. Quick recap: what’s the GDPR? The General Data Protection Regulation came into existence in 2018 and has since earned its reputation. It is by far the most respected data protection regulation in the world. As a matter of fact, it served as the template for most of the data protection laws around the world. For instance, the NDPA holds several similarities with the GDPR so much that the major difference between the two is the scope of application. The General Data Protection Regulation (GDPR) mandates organisations that fall under the following categories to have absolute compliance. operating in the EU. handling data of an EU citizen (no matter where it’s located) has a branch in the EU Does the GDPR apply to your organization? Find out at Johans Consults. The 7 GDPR principles At the core of the GDPR, there are 7 principles every company needs to follow. They are; Integrity and confidentiality You must employ every means necessary to protect data from unauthorised access, processing, damage, or accidental loss. So, you need a reliable data security system. Lawfulness, Fairness, and Transparency You cannot collect data for just any reason. So, whatever purpose you have must be lawful. Also, the data collection process must be transparent and legal. For instance, you cannot buy personal information from a third party. You need to get the data directly from the data subject itself. Also, you MUST tell the data owner the reason for the collection. Note: This reason must be stated clearly. Know how to write a GDPR consent statement. Purpose Limitation. As an organisation, you can’t just collect data for one reason and process it for several others. Once you’ve used the data for the purposes stated beforehand, you cannot make use of it. again. Although, if the need arises, you should inform the data subjects and seek their consent again. Data Minimisation This principle states that you cannot keep every single piece of information you collect. For example, when you collect data through the filling of forms, you’re mandated to keep the ones important to the cause only. The Ultimate GDPR Compliance Checklist for you Accuracy Your organisation must not store incorrect information. Every inaccuracy must be corrected with immediate effect. Accountability The GDPR holds every organisation accountable for what they do with users’ data and its safety. Also, you need to prove your compliance with the data protection regulation through proper records. Storage Limitation You can only keep data for a limited period of time. The duration depends on the type of data and its sensitivity. For example, you can store financial data for up to 6 years, but health-related data is more limited. Learn about the Top 12 GDPR Requirements. So, what is GDPR compliance software? Now that you understand the basics of the GDPR, you must know that compliance isn’t an easy task. Often times, a lot of organisations don’t even know where to begin. Neither do they know how to achieve maximum compliance. That’s where GDPR compliance software comes in. These softwares are the several tools that assist businesses towards GDPR compliance. Today, these tools come with different functionalities. Some simply record compliance activity, while the advanced others provide audits, reports on data breaches, consent management, and find weaknesses in your compliance strategy using gap analysis. To narrow down your search, we’ve compiled the top GDPR compliance software for you. Microsoft Purview Compliance Manager This is great GDPR compliance software made for Microsoft365 users. To use it, you’ll need An Office 365 E5 license. The features include; Ability to conduct several assessments Ability to identify and protect sensitive data Protects against unauthorised access Implements data minimisation and storage limitations Protects against accidental disclosure Classifies data based on the level of sensitivity Deletes data after a specified period of time Netwrix Netwrix supports organisations with GDPR compliance through its Auditor and related tools. Here are some of its remarkable features. Data Discovery and Classification: Netwrix finds, classifies, and protects sensitive personal data in accordance with the GDPR. Also, it scans on-premises and cloud-based systems to pinpoint where personal data is stored and ensures that there are controls to secure it. Security of Processing: Netwrix provides a clear picture of how data is accessed and shared. By monitoring user behaviour and detecting unauthorised access, it ensures secure personal data processing. Breach Notification: Netwrix is a GDPR compliance software with data breach alerts. The software aids in quick detection of data breaches by reporting them. Audit and Reporting: Netwrix Auditor provides detailed auditing and reporting capabilities. This includes logs of data access, data modification, and user activities, which are crucial for demonstrating accountability. Not sure if you’re compliant with the GDPR? Contact us at Johans Consults for a detailed assessment. Snow software Snow Software is a GDPR risk assessment solution available on cloud, mobile, or on-premise. Below are some of its remarkable features. GDPR Risk Assessment: Snow Software identifies applications and devices that handle personal data and notes those with weak protections, e.g., encryption or anti-virus. Continuous Monitoring and Reporting: Snow’s solution keeps constant analysis of applications that process personal data and generates reports to help mitigate risks. Internal Threat Mitigation: The software focusses on reducing internal threats, such as corrupt employee actions and unsecure applications. To do so, the software flags risky devices and users. Comprehensive Asset Management: Snow also offers broad IT asset management features like license compliance tracking and software usage meters. So, you gain control over your IT systems. In addition, Snow software comes with an automated discovery feature that lets you know which user has specific access to apps
The GDPR Compliance Requirements Checklist.
GDPR compliance is not a foreign concept. But, many organizations do not know what GDPR is, nor do they know how to comply. Compliance with the GDPR should not be regarded as just a legal obligation. Considering that 47% of users have changed providers due to data privacy concerns, it’s also a perfect growth strategy for all businesses. This article contains an overview of the GDPR and a 9-step GDPR compliance checklist. GDPR Overview As the digital era approaches its peak, the value of data has become immeasurable. Businesses of all scales and types now depend heavily on the use of data. From marketing and research intents to sizing up the competition, data has deeply ingrained itself into the global setting. As a result, data protection—from accidental loss or compromise and cyberattacks—became paramount. What Is The GDPR? The GDPR stands for General Data Protection Regulation. It’s the European Union’s effort towards personal data protection of its citizens. Enacted in 2018, it grants individuals (data subjects) control over their personal data and holds organizations accountable for data protection. GDPR compliance benefits are numerous. First, you avoid the hefty penalties imposed. Yes, there are penalties for non-compliance with the GDPR. In fact, as of 1 March 2024, a total of 2,086 fines (+510 in comparison to the GDPR Enforcement Tracker Report 2023) have been recorded. Next, it fosters brand trust and attracts more clients from the EU, which is impressive. Basic Requirements of the GDPR The GDPR requires certain actions from organisations or data handlers towards data protection. These requirements are referred to as the principles of the GDPR. alternatively called the principles of data protection, it is necessary to know these principles to achieve maximum GDPR compliance. Companies processing personal data: Must be transparent about the whole process. Must do so for legitimate and clear reasons We must not collect more data than is necessary. Relative to the purpose of data processing Must make sure collected data is accurate and correct all inaccuracies immediately. Must keep data for as long as necessary. Must protect data from unlawful access and processing. Must be able to show their compliance with the GDPR. Aside these basic principles, some other GDPR requirements exist, such as; Data subject rights, risk assessments for data protection, and consent. The GDPR principles are a large part of the GDPR compliance checklist. Who Does the GDPR Apply To? The GDPR applies to every organization that processes personal data belonging to EU citizens and residents. The organization doesn’t have to be in the EU; it can be anywhere in the world. For example, a healthcare centre in Africa is subject to the GDPR when it treats an EU citizen. The same goes for online businesses, as they can’t know for sure the location of their clients. Who Is Responsible for GDPR Compliance? For GDPR compliance, there a “data controller vs. processor” tug of war going on. While both data controllers and processors have obligations to data protection, the controller is held responsible for GDPR compliance. Comprehensive GDPR Compliance Checklist According to Cybersecurity Ventures, the global annual cost of cybercrime is predicted to reach $9.5 trillion in 2024 and $10.5 trillion by 2025. This is enough motivation for you to tighten data protection in your organization. While you might feel invisible as an SME, you aren’t off the radar. In Nigeria, for example, SMEs were majorly hit by cyberattacks in 2022. To reduce the chances of your organisation falling victim, you should consider GDPR compliance. How? Here’s a comprehensive GDPR compliance checklist to help you get started. Step 1: Know Your Data. You can’t fight what you don’t know, can you? Of course not. Likewise, data protection. As an organisation, take a step back and understand what you aim to protect. With this, you can find the best protection measures. What data are you collecting? What category does it fall under? How sensitive is it? Step 2: Practice safe data collection procedures. When it comes to GDPR compliance, the best foundation is built on data collection best practices. Per the GDPR principles, ensure you communicate the precise purpose of the data processing. Consent is another box to tick. Although you have communicated the purpose with the data subjects, sometimes data processing can only happen with their full consent. So, explain how the data will be used and stored. Obtain explicit consent (make use of forms and checkboxes, not pre-ticked) when necessary. Keep records of the consent. It’ll serve as evidence of compliance. Better still, implement a capable privacy consent management system in place. You need to know that the GDPR has its own standard for valid consent. So learn how to write a GDPR consent statement. Step 3: Facilitate data subject rights. The GDPR gives data subjects certain rights, which are: Right to be informed: this is in line with step 2 above. Ensure you communicate the data processing procedure. Right of access: be ready; at any time, data subjects can request a copy of their personal data. Also ask for information to help understand what you’re doing with their data. Right to erasure: data subjects can request that their personal data be erased. Terms and conditions apply here, though. Rectification rights: individuals have a right to have inaccurate data corrected. Right to restrict processing: under the GDPR, individuals can limit how an organization uses their data. Objection to processing: data subjects have the right, under the GDPR, to stop controllers from processing their data. Data portability: Individuals have the right to obtain the personal data they have supplied to a controller in a structured, widely used, and machine-readable format. Also, they can ask the controller to transfer this data directly to another controller. Automated decision-making rights: Individuals have the right not to be subjected to decisions that rely entirely on automated processing (including profiling) and that have legal consequences for them. This part is very important to tick “done” on the GDPR compliance checklist. Step 4: Appoint a DPO Article 37 of the General Data Protection Regulation (GDPR) mandates the appointment
