Fostering Digital Businesses by Personal Data Protection Management via GDPR

Glow Roundtable

2:00 pm - 2:30 pm

GDPR, the globally effective European privacy law is creating a brand new regulatory  environment for all businesses, including the 700 billion European data economy. It considers personal data as it is: a precious asset, a resource of data driven economy that shall be managed professionally and to be used in a regulated and transparent way. Just similarly to money for financial institutions.  But being regulated does not mean necessarily a burden. If  a business has a state of the art data management, it will more easily meet the GDPR  requirements (and avoid harsh consequences of possible non-compliance). And vice versa: a robust GDPR implementation program will lead companies to a competitive personal data management that fosters data driven businesses. This can be the ultimate feature of the GDPR.