Five trends impacting the data privacy landscape
Evolving Regulations
From China to California and everywhere in between, jurisdictions around the world are following the EU’s lead in producing their own GDPR-like laws to protect personal and employee information. Given the potentially strict penalties
these new laws could usher in, organisations must ensure they have the right processes and technology in place to secure data in their HR and finance systems, and Workday environments.
Sensitive data collection
The drive for greater diversity and inclusion (D&I) means many organisations are collecting and storing sensitive data such as sexual orientation and race in greater volumes than before. The result of such data being leaked or breached can be considerable, so it requires robust protection.
More informed workers
Data protection regulations like the GDPR have not only empowered consumers with new entitlements, they’ve also raised awareness among employees about their data privacy rights. This puts more pressure still on organisations to ensure staff data is properly protected.
Data privacy is not just IT’s problem
Organisations across the globe now realise the serious financial and reputational impact a data breach could have. That has made it a critical boardroom issue, beyond the traditional purview of the IT department.
Automation drives agility
Organisations must become more adaptable against the backdrop of a continuously evolving privacy landscape. The only way to scale operations
globally and ensure they satisfy a patchwork of changing requirements is to invest in smart, automated solutions.
Migitate risk and protect your organisation's data with Kainos Smart
Kainos Smart delivers compliance solutions designed to safeguard your Workday journey. Smart Shield and Smart Audit work together to provide Workday customers with a robust data privacy program able to effectively prevent and detect data privacy risks across your Workday estate.
To find out more about how Kainos Smart can help your organisation mitigate privacy risk in Workday and fulfil its regulatory obligations