Traditional GRC (Governance, Risk, Control) software are ineffective and costly. Therefore, OXIAL is approaching GRC and GDPR with a pragmatic, cost effective and intelligent solution that makes best use of clients’ budgets and skills, in a continuous manner. Not every organisation will need for instance self-discovery PII data software and thousands of man-days project budget, but all will need to identify what kind of data they are managing, what application/workflow should manage this information and who is handling these business processes and how to secure it. GDPR compliance project is not a one-shot project, it is a continuous long-term activity.
The answer lies with the right framework that provides the basis for an on-going, digital compliance solution. The establishment of a Privacy Management Framework is therefore of the highest importance. Our framework identifies 130 activities across 13 categories, all relating to compliance with data protection laws and the processing of personal data. These are activities that can be implemented, tracked and monitored via automation or supervision by our experts directly within the digital platform.
This approach is the solution for continuous compliance, supporting all requirements for data regulations, guaranteeing personal data confidentiality and providing all the tools necessary to manage claims, provide evidence and anticipate incidents. This digital approach will turn GDPR into an asset, not an iceberg.