Your customer data and how you handle it is an indicator of how successful your business is. In fact, poor customer data management leads to bad customer experiences, slow processes and now - with the General Data Protection Regulation (GDPR) in effect - increased risk. If you’re not GDPR compliant, you face massive fines and negative attention.

How do you know if you have a customer data problem? Six signs indicate if your business has customer data management issues and if you’re not complying with the GDPR.

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Is GDPR—the General Data Protection Regulation enforced by the EU on the 25th of May 2018—yet another obstacle and nuisance to the much-burdened CIOs, or is it a positive game-changer that can help drive new business and make organizations more efficient?

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This is a recap of Stibo Systems’ webinar “How to meet and sustain the GDPR requirements using data governance” where The Data Governance Coach, Nicola Askham, shares insights into the relationship between data governance and data protection, including the General Data Protection Regulation (GDPR). You can listen to the full 30-minute webinar on-demand anytime you want.

 

Just a few years ago, the discipline of data protection was mainly about securing who had access to your data and ensuring the data did not fall into the wrong hands. Data governance, on the other hand, was mainly about managing your data and improving your data quality. Despite what many people think, data governance and data protection have never been the same thing, and the line between the two disciplines used to be very clear. But now, Data Governance Coach Nicola Askham does not see this line existing anymore. Instead, we have a relationship between data governance and data protection where they work together and complement each other. What happened?

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The 25th of May 2018 has come and gone, and the General Data Protection Regulation (GDPR) is now official. In this blog post we'll share a few insights into what you as a business should—and should not—do, in the wake of the GDPR.

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Friday the 25^th of May 2018 will probably go over in digital history as a day to remember, as it marks the day the General Data Protection (GDPR) kicked in, unlocking a whole new standard for what to do—and more importantly not to do—with the personal data of European Union citizens. The GDPR is predicted to be the spark that lights a new data protection mindset with both consumers and businesses—and not just in the EU, but globally.

Up until this date, a lot of the information about the GDPR has been aimed at enterprises, guiding them to compliance. But really, the regulation is largely created with the aim of serving individuals. So, in this blog post we’ll fill you in on what the regulation means for you as a European Union consumer (we’ll cover what it means for non-EU citizens further down the text). What exactly can you expect of companies and organisations in a post-GDPR world? Read on, and find out. Perhaps organisations can even learn a thing or two from this post.

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What is business ethics? And, when is a company being ethical (enough)? Once a simple question, that was fairly easily answered, by taking a look at the products or services the company was offering and how they did it. Today, it’s so much more complicated, as data now is part of the business mix—and with it, an enormous responsibility to act ethical beyond the obvious.

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Statistically speaking, Friday marks the preferred day in the week for most working people.

For most, it’s the final nail in the coffin of the working week, and the first opportunity to let your hair down, relax and perhaps engage in a couple of days of overindulgence. Unless of course this particular Friday is the 25th of May 2018 ...

… does it ring any bells? If not, it should, because it’s a Friday unlike any other in the history of data management, and here’s why.

Friday 25th May marks the day on which the GDPR (General Data Protection Regulation) comes into force.

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We recently spent a couple of days talking with a number of Chief Data Officers (CDOs) from some of the largest Financial Service organisations in the world, discussing many of the challenges they face today. And it was a real eye-opener.

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2017 is soon coming to an end, which means that the General Data Protection Regulation (GDPR) will arrive very shortly. This leaves companies with just a few months to get their final GDPR preparations in place to avoid economic sanctions and public scandal. But how far are organizations really in their preparations? Will they be ready? And what about the non-European companies? How much will they all invest in the new personal data regulation and what are their biggest challenges? Will consumers even use their new rights?

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We all know that data is a valuable commodity and that each year companies invest in a broader range of data-driven projects in order to understand their customers better.

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