GDPR Compliance Software: What To Consider First
GDPR Compliance Software
GDPR compliance software helps organizations ensure they meet the requirements of the General Data Protection Regulation (GDPR). These solutions provide tools that help businesses manage consent forms, secure data, and identify potential privacy risks.
These software solutions can be a lifesaver when it comes to meeting the challenges of GDPR. They can also save businesses a lot of time and money.
What is gdpr compliance software?
GDPR compliance software is a set of tools that allow businesses to comply with the requirements of the General Data Protection Regulation (GDPR). This legislation came into force on 25 May 2018, and if you’re in business, you need to be compliant.
Companies that use personal information on customers are required to protect it and report breaches quickly. To do this, businesses need to implement data security measures and have customer data management processes in place.
To keep customers informed, companies need to be transparent about how they collect, store and process their personal information. This includes allowing them to view and edit their data, download it or request that it be deleted.
Businesses also need to be able to provide consent for data collection and sharing. This requires data privacy policies that are easy to understand and follow.
A gdpr compliance software program can help businesses implement these policies, make them accessible to their employees and give them the ability to access the data in case of a breach. It can also help them track changes to policies, create an audit trail and comply with other requirements of the GDPR.
The best gdpr compliance software will have access control features and audit trail features to ensure that customer data is being collected, stored and shared securely. It can also have consent management and dashboards to help you see a comprehensive picture of how sensitive data is used, shared and protected.
LogicGate is a web-based automated risk compliance solution that satisfies many of the GDPR’s requirements. It enables companies to launch a data access request, data correction request, data portability request and data removal request and respond to them promptly.
How does gdpr compliance software work?
Gdpr compliance software can make your life easier - and it can also save you some serious cash if your business is involved in the processing of large volumes of personal data. The software is a slick, easy to use system that can help your business stay compliant with the latest data protection laws and regulations without putting your company in danger of fines.
The software has many cool features that can prove to be a valuable asset in the long run. One of the more useful is the system's'security alert' function, which lets you know when a potential data breach has been identified. This means you can act fast and stop the bad guys in their tracks before they damage your business or cause a lot of headaches for your customers.
Another feature that's likely to be the talk of the town is a 'do-it-yourself' audit trail tool that lets you record and review a range of documents and reports, including those relating to data protection and GDPR compliance. This can be especially helpful if you're a small business and don't have the resources to hire a full time data protection officer.
It’s no secret that the GDPR is a complex piece of legislation. Its requirements are extensive and change frequently as technology and data privacy changes. The best way to cope with this is by introducing automation to the process - and gdpr compliance software does just that.
The benefits of using gdpr compliance software
Using gdpr compliance software can help businesses meet all the requirements of GDPR without having to hire a full-time consultant. This will save you a lot of time and money while also making the process more manageable.
GDPR compliance is an important step for companies that handle personal data on EU citizens. It aims to protect the privacy of individuals and ensure that they can make informed decisions about how their personal information is used.
Many businesses find that implementing this regulation is complicated and can take a significant amount of time and resources. It’s also worth remembering that if you are found to be in breach of the GDPR, you could face fines of up to EUR20 million or 4% of your global annual turnover.
There are plenty of ways to meet these requirements, including modifying your data collection processes, drawing up policies, and retraining staff. However, if you use an automated GDPR compliance program, you can avoid the headaches and get back to your other business goals quickly.
For example, SolarWinds Access Rights Manager is a GDPR-ready tool that lets organizations manage user access rights for sensitive data and comply with GDPR requirements. The software also includes a rich audit trail for tracking who has access to certain data, enabling compliance teams and auditors to identify issues that need to be addressed.
Another great option is OneTrust, a GDRP-compliant tool that includes a variety of features and functionalities. These include risk assessment, data mapping, consent management, automated workflows, audit support, compliance initiative tracking and third-party risk management.
Alternatively, there is privIQ, which is a GDPR compliance tool that caters to 6 other data protection standards. The tool provides analysis capabilities to run compliance assets and protection impact assessments, as well as a data mapping exercise for risk factors and data breaches. It also includes a change management project planning and tracking feature. There are a number of editions of the platform to suit different sized businesses, from small to large.
How to choose the right gdpr compliance software for your business
If you're planning to use gdpr compliance software for your business, you'll need to choose one that meets all of the necessary standards. You'll also need to make sure that it has a robust feature set that will meet your needs.
To begin, you should consider what kind of data your company collects and how important it is to you that it be kept private. If your company stores sensitive personal information, you'll want to choose a GDPR compliance solution that provides the best level of security possible.
Privacy-focused tools can help you encrypt personally identifiable data before it's stored or exchanged through email and keep the key in a separate location. This ensures that no one can access it if they break into your organization's network.
Some of these solutions also allow you to identify sensitive personal information based on specific criteria, such as race or ethnicity, political views, trade union membership, genetic data, biometric data, and data concerning health. These features can help you determine whether you're complying with the GDPR or not, and which steps you need to take to remedy any issues.
You'll also need to choose a tool that offers incident management capabilities and provides an efficient way to take users' consent. Using GDPR compliance software to address these concerns can significantly reduce your company's risk of data breaches.
For example, you can implement log management with ManageEngine EventLog Analyzer to track and analyze events throughout your network. This will give you proof that your network is secure, which can reduce the likelihood of future incidents.
You can also choose a gdpr compliance software that has a flexible design, allowing you to customize it to your exact requirements. Some of these products include a wide range of security features and can be easily integrated with other systems.
The cost of gdpr compliance software
The cost of gdpr compliance software will depend on several factors, including how many users you need, whether it’s a single application or a suite, and where you want to deploy it. Some platforms offer free trials and demos, which can help business operations create efficiencies by allowing for an onboarding period and a risk-free purchase.
The best gdpr compliance software helps you build privacy-centric processes, automates data protection tasks, and enables your business to demonstrate accountability more quickly. These features allow you to meet your GDPR obligations more effectively and avoid fines of up to 20 million euros or 4% of your global annual revenue, whichever is higher.
You can also choose a platform that has an easy-to-use user interface, a quick operational learning curve, and a well-designed dashboard. These features can save your team dozens of hours of work, and they can make the GDPR compliance process much easier.