GDPR Summary Part 4: Startups that Help Enterprises Comply

Ease the burden of GDPR compliance

This is Part 4 of a series of articles about how the General Data Protection Regulation (GDPR) affects corporate innovation. In this article we will discuss the various startups that can help enterprises ensure GDPR compliance. To recap what the GDPR is and what makes it significant, read Part 1 of the series here.

The General Data Protection Regulation is going into effect soon and companies worldwide have been preparing in anticipation of the May 25th deadline.

While many enterprises have been transforming their infrastructure to ensure compliance, all relevant companies must be sure that they are meeting keeping compliant in the long run.

Whether you need a Data Protection Officer, help improving security, are worried about data collection and deletion or are looking for a comprehensive solution for your employees, there are startups out there that can you can rely on to keep your company compliant.

Simplify Data Collection & Deletion

A key aspect of the GDPR concerns the information companies collect about their customers.

On one hand, companies need to collect personal information in order to provide customized experiences and improve their overall revenue generation. On the other hand, the GDPR requires enterprises to ensure that the information individuals provide is collected in a secure way.

GDPR compliance is not a one-time thing. It needs to be maintained and monitored. Click To Tweet

Segment — which is already used by data-collection-heavy companies like Trivago, Gap and Crate & Barrel — added a new tool that improves data collection and makes it easier for users to stay GDPR complaint.

The new tool aggregates all the information a company has on any given individual into a single customer view. In doing so, companies are able to improve their understanding of each customer’s unique needs without collecting additional and unnecessary information.

In addition to improving the way that data is collected and stored, the Segment solution helps companies comply with the right to erasure element of the GDPR.

Companies that do not ensure complete compliance risk more than heavy fines – they risk reputational damage. Click To Tweet

They are able to do so by simplifying the way companies collect information about individuals, making it simpler to stop collecting information or completely remove a persons information from their ecosystem.

Segment helps companies bridge the gap between their need to collect information and private citizens’ right to erasure in the GDPR.

Finding the Right Cyber Security Solution

The GDPR requires that companies notify the relevant authorities of data breaches within 72 hours. This has pushed companies to improve their security systems because no one wants their customers and their broader target audience to think that their ecosystem is not secure.

With enterprises doing all they can to reduce the probability of being victims of a data breach, they are comparing a lot of solutions.

Enterprises can test and compare various cyber security protection products on prooV and find the solution that is right for them.

The simplified and customized way of testing and evaluating software helps enterprises with complex data infrastructures make this vital decision in preparation for the GDPR.

HR and Payroll Compliance

The GDPR does not only impact the way a company collects and stores information about its customers, but also its employees.

For companies with multiple locations, this can become increasingly problematic since they often rely on third party Professional Employer Organizations (PEOs) in order to hire employees worldwide.

Under the GDPR, employee information as well as PEO managed employees will be the enterprise’s responsibility.

Working with startups that can be depended on to simplify GDPR compliance in the long run makes the transition easier and more efficient for enterprises. Click To Tweet

Papaya helps companies looking to manage employee information while growing globally stay GDPR compliant by offering a payroll management solution for companies with payroll manager- or PEO-managed employees.

The Papaya platform contributes to GDPR compliance by reducing the need to transfer private information in unsecure ways since their platform offers enhanced data and document encryption.

They also comply with the right to access and erasure by ensuring transparency of personal information and having a built-in method for data deletion upon employee termination.

Your Outsourced Data Protection Officer

Companies with more than 250 employees need to have a Data Protection Officer according to the GDPR, to oversee the management of data collection, encryption, overall compliance and more.

This increases the global demand for DPOs, which can make finding the right DPO challenging for many companies.

By advising companies on compliance, data protection impact assessment and serving as the point of contact for the GDPR supervisory authorities, ProDPO is a great solution for companies looking for an alternative DPO solution.

Why Compliance Matters

As companies adapt their ecosystems and platforms to meet the new GDPR regulations, they need to remember that GDPR compliance is not a one-time thing. It is something that needs to be maintained and monitored.

Companies that do not ensure complete compliance risk more than heavy fines – they risk reputational damage. To avoid both, it is important that companies do all they can to ensure — and retain — compliance.

This means improving their ability to collect information, granting the right to erasure, managing employees in a GDPR compliant way, having a security solution that reduces their chances of being breached, and more.

Working with startups that can be depended on to simplify GDPR compliance in the long run makes the transition easier and more efficient for enterprises.

Free Ebook: Stay Innovative
While Complying with the GDPR

About the author