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You're responsible for implementing controls and policies to ensure your organization is complying with laws and regulations.
You’re responsible for implementing controls and policies to ensure your organization is complying with laws and regulations. This includes interpreting laws and identifying compliance requirements for managing information, such as retention rules and privacy obligations, so you can properly protect and legally dispose of information when it’s no longer required. That’s challenging when the regulatory environment is constantly changing due to existing and new regulations, such as the evolving global privacy regimes.
The global average total cost of a data breach is $4.35 million.
Source: Ponemon Institute, “Cost of a Data Breach Study”
To show compliance, you'll have tools to document critical information about your business processes that contain personal data, enabling compliance with the GDPR Article 30 requirements. You'll be able to create visual maps to centrally see where personal data lives, who owns it, what process it's a part of and what are your retention rules and privacy obligations for it. In your maps you can show the movement of personal data within and outside of your organization so you can quickly identify where personal information is located to help your company respond to time-sensitive issues, such as data breaches, subject access requests, data erasure requests, audits and litigation.
Employees in your organization can easily access the latest version of your retention schedule and privacy policies online, using custom views and advanced search to filter to only the retention rules and privacy obligations that apply to them. You also have the option to connect policy to your content infrastructure through an open application programming interface (API).