Categories
Data2Action Blog

GDPR: The new ‘equity release’ for business

With virtually every form of media currently saturated with ‘all things GDPR’, it’s a sad fact that many businesses remain both perplexed by the changes and also unclear as to the value this can bring.  With less than 100 days to go, organisations big and small are mobilising to reach the new levels of compliance expected but how many are actually seeing this as an opportunity to unlock the value that GDPR can present?

Central to GDPR are people and their data with the regulations aiming to give individuals greater powers of control over their information. In order to comply with the new legislative requirements, businesses should by now be critically evaluating both the need for and the requirements of the data they collect and by reviewing their current  ‘people, process and technology’ systems, they should be looking to update and protect the same.   However being lost in the ‘white noise’ of confusion is the fact that within this process of re-evaluation by businesses, GDPR actually presents a whole host of benefits for businesses.

Read the full article here: