LONDON--(EON: Enhanced Online News)--MEGA International will host a breakfast meeting in Paris on April 27 with Henry Peyret, principal analyst at Forrester Research, as the keynote speaker. He will discuss the challenges of the new privacy regulation that will become effective throughout the European Union in 2018 and how companies can prepare for it.
“New rights for consumers mean new obligations for companies”
The newly adopted European General Data Protection Regulation (GDPR) will require organizations to guarantee compliance with strict standards that dictate how the personal information of European citizens is secured and protected. Public entities and companies that fail to comply could face fines up to EUR 20 million or four percent of annual sales.
“New rights for consumers mean new obligations for companies,” explained Peyret. “Because companies will be expected to demonstrate state-of-the art privacy measures, they need to be well-prepared and ready for this new privacy regulation.”
At the event, attendees will learn how to:
- interpret the scope of the new regulation to understand how it will affect their organization
- implement GDPR compliance with a pragmatic, risk-oriented approach
- involve the different stakeholders throughout the organization to ensure compliance
“While most companies know that they need to prepare for this new requirement, few have identified the means to achieve this. Even fewer have anticipated the impact on their operations,” noted Lucio de Risi, CEO, MEGA.
With a collaborative workspace and a single repository, MEGA’s HOPEX solutions can support organizations as they strive to develop an approach that will ensure compliance with the privacy regulation. HOPEX Information Architecture, in synergy with HOPEX IT Architecture and HOPEX Business Process Analysis allows data privacy officers, data steward, enterprise and business architects… to manage knowledge and data as an enterprise asset and implement effective data governance.
During the breakfast, compliance experts from MEGA will demonstrate how companies can use HOPEX solutions to fully meet the GDPR requirements.
MEGA International is a global software firm helping companies manage enterprise complexity by giving them an interactive view of their operations. Executives gain the visibility and information they need to make the right choices for effective governance and to strike the right balance between capacity for innovation, cost optimization and risk management. Backed by HOPEX software and MEGA consulting services, companies can boost business and IT agility in today’s disruptive business environment. www.mega.com