
Abstract
GID-O is a centralized solution designed to streamline compliance with privacy regulations such as KVKK, GDPR, and DSAR management. It allows businesses to manage consent, track processing activities, and generate self-service reports. By automating privacy management, it reduces compliance costs and enhances audit efficiency, promoting digital trust with customers.
Description
The KVKK and the GDPR may have certain similarities, but they also have key distinctions, such as VERBİS!
GID-O is a powerful and centralized tool that brings together all the privacy management tools and processes you need to streamline your KVKK compliance program.
With GID-O, you can put all of your tools and processes for managing privacy in one place. This means that you can manage consent centrally, keep track of records of processing activities, and give people self-service DSAR reports from the same place. You can also set up a self-service privacy center where people can ask to see their data records.
Not only that, but GID-O will also help you lower the cost of managing your legal and compliance programs by making your audit process more efficient and building digital trust with your customers.
Overview
Key Challenges
Recommendations To treat technology, information and resilience risk, security and risk management leaders should: Licensed for Distribution The State of Privacy and Personal Data Protection, 2020-2022 Published 26 August 2020 - ID G00726093 - 27 min read By Nader Henein, Bart Willemsen, and 1 more As the world adjusts to a “new normal” brought on by the COVID-19 pandemic, security and risk management leaders must adapt their privacy programs for better scale and performance as well as tighter budgets, all without exposing the business to loss through fines or reputational damages. The pace of proposal for and adoption of modern privacy regulations accelerated through 2020, surpassing the record-breaking cadence in 2019. This has raised the stakes for organizations looking to standardize a global policy when handling personal data.
■ Regulators have evolved to adapt with the notable increase in data subject complaints. They have shifted toward greater investigatory detail and more proactive actions signaling that expectations regarding privacy compliance have not normalized and continue to mount.
■ Technology-driven capabilities supporting the facets of a progressive privacy program have developed substantially over the past 18 months, yet adoption lags, exposing organizations to expensive manual processes, fines and potential litigation.
■ In the shadow of the global pandemic and the associated economic downturn, organizations are focused on cost optimization, this often leads to impulsive decisions to deprioritize compliance with all nonrevenue programs.
Recommendations
To treat technology, information and resilience risk, security and risk management leaders should:
- Incorporate the demands of a rapidly evolving privacy landscape into the organization’s data strategy by developing a common baseline driven by applicable regulatory guidelines and privacy frameworks outlined in this research.
- Adopt key capabilities that support increasing volume, variety and velocity of personal data by putting in place a three-stage technology-enabled privacy program.
- Accept, adapt and evolve with the new business challenges to privacy by leading with a costoptimized set of privacy capabilities.
Strategic Planning Assumption(s)
Through 2022, privacy-driven spending on compliance tooling will increase to more than $8 billion worldwide. By 2023, 65% of the world’s population will have its personal information covered under modern privacy regulations, up from 10% today. By 2023, companies that earn and maintain digital trust with customers will see 30% more digital commerce profits than their competitors. By 2024, more than 80% of organizations worldwide will face modern privacy and data protection requirements.
Pricing Options
- Product based fee
Targeted Customers
- Banking and Fintech
- Hr tech
- Industrial Equipment and Design
- Education and Consultancy Tech
- Software Tech
- Biotechnology & Healthcare Tech
Solution Type
- Product
- Saas Software
- Data Set
Value proposition
- KVKK
- GDPR
- CPRA
- VERBİS
- DSAR
- SRR
- GID-O
- Privacy Compliance Management
- Consent Management
- Processing Activities Tracking
- Self-service DSAR Reports
- Self-service Privacy Center
- Privacy Center Automation
- Digital Trust
- Cost Optimization for Compliance
- Compliance Audit Efficiency
- Privacy Regulation Adherence
- Data Subject Rights Management
- Privacy Tool Integration
- Legal Risk Reduction
- Privacy Management Tool for Businesses
- Efficient Compliance Workflow
- Privacy Regulation Software