Digitalisation has transformed the economy and society over the last few years, affecting all sectors of activity and the daily lives of people. To that end, data is spearheading this transformation. While data-driven innovations are bringing enormous benefits to businesses and customers, it also poses a threat of privacy being invaded. Therefore, in this age of digitalisation, data privacy and online security are of paramount importance to consumers and companies alike. The European Union’s General Data Protection Regulation (GDPR) was introduced to provide added layers of data security and transparency for European citizens. GDPR has created leaner, more efficient security practices that have, in turn, strengthened the company-consumer relationships. At the same time, non-compliance can lead to the loss of millions in revenue for a company, and it runs a significant risk of losing customer loyalty.
Nonetheless, there lie multiple hurdles on the way to the highest degree of adherence to the GDPR guidelines for emerging companies in the market. This is where businesses need dependable partners to manage their data security and ensure the encryption of online services while staying true to the GDPR. Today, several GDPR solution providers offer flexible encryption software that helps organisations in their GDPR compliance strategy. Most importantly, these software offer collaboration, audit, and management features that allow teams to collaborate securely on files in the cloud. Besides, GDPR solution providers are changing the game for businesses by incorporating cutting-edge technologies in their offerings. For example, vendors are integrating blockchain in their solutions to augment the privacy of data stored in an organisation. Similarly, artificial intelligence and machine learning are used to address the various aspect of privacy regulation, data protection, and risk mitigation. However, selecting the appropriate solution from several GDPR vendors out in the market is a tough row to accomplish.
To help companies navigate through the best-of-breed GDPR solution providers, CIO Applications Europe has compiled a list of ‘Top 10 GDPR Solution Providers – 2020.’ The enlisted organisations provide elegant, safe, and cost-effective solutions in compliance with the GDPR and at the convergence of several disruptive technologies. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you CIO Applications Europe’s “Top 10 GDPR Companies – 2020.”
