6 months since GDPR: commentary from Citrix and Micro Focus
- Chris Mayers, Chief security architect at Citrix
- 21.11.2018 11:15 am undisclosed
Having been in force for just six months, the GDPR has changed the face of data protection as we know it – even at this early stage of its implementation. Businesses and consumers are already seeing the positive consequences of compliance. This extends from improved data privacy and security through to organisations discovering the real value of their data.
Despite the positive steps forward taken by many organisations, some could do more to capitalise on the innovative business drivers that stem from regulatory compliance. Though the GDPR was primarily intended to safeguard identity and data privacy, organisations can leverage this newfound insight into their data in ways that extend beyond the original intent of the regulation. Armed with this insight – and naturally balanced with appropriate safeguards to protect customer privacy – organisations can not only manage the bottom line but also drive the top line by identifying untapped revenue streams and unmet customer needs, as well as by streamlining processes.
Companies are starting to realise that GDPR is, in fact, a catalyst for doing a number of things they should have been doing already. By bridging formerly distinct data silos and having the ability to then apply analytics across all this information, organisations are not only better protecting sensitive information, but also taking necessary steps to increase revenue and improve business processes