What is a privacy compliance tool?
Privacy compliance tools help companies tackle the complexity of consumer data privacy and governance. Privacy management software helps to manage the user information businesses collect through website cookies, technology, and other data sources. The software also ensures that the data collection is in compliance with privacy laws and data security regulations. Ketch's 'Deploy Once, Comply & Secure Everywhere' platform delivers a programmatic approach to data privacy and governance. Our privacy compliance platform allows businesses to dynamically adapt to the evolving legal landscape, future-proof their businesses, and cut operational and data privacy engineering costs by 80%.
Why do you need a privacy compliance tool?
Privacy and compliance complexity holds companies hostage, limiting their ability to explore different solutions to their compliance problems. Ketch's programmatic privacy solution makes data control simple, enabling businesses to respect their consumers' privacy regardless of data privacy regulations or governance mandates.
Who should use a privacy compliance tool to protect data?
The Ketch data privacy platform is used by legal teams to comply with data privacy regulations within the jurisdictions where they conduct business, marketing teams to deliver the right privacy experiences to consumers at the right time, and IT teams to automate changes in privacy consent and automatically fulfill DSRs in real time without human intervention. Data privacy management software can greatly improve the efficiency and privacy compliance of your company. Privacy and data security is a team sport, after all.
What is GDPR? How can Ketch help ensure GDPR compliance?
GDPR stands for the General Data Protection Regulation, which is a set of legal standards that impose guidelines for the collection and processing of personal information from individuals who live in the European Union. The Ketch GDPR compliance software makes complying with the most comprehensive data protection legislation a snap by formulating policies that apply specifically to your company’s entire data ecosystem. With Ketch's privacy compliance software tools, you can ensure GDPR compliance. Ketch's management software can also help you ensure compliance with other privacy laws and data security regulations.
What are the benefits of a privacy compliance tool?
The demand for privacy compliance tools and GDPR software solutions isn't expected to wane anytime soon as privacy regulations that protect consumers' information around the world continue to intensify and increase. Companies are sure to face several compliance challenges brought by the various and sometimes inter-lapping requirements of each jurisdiction. This makes it even more necessary for companies to adapt by seeing to it that their compliance occurs automatically instead of manually.This is especially crucial for websites and companies that handle several websites and data sources. As more individuals become more aware of their privacy rights and actively exercise their rights, businesses are forced to replace manual processes with automated solutions. A company isn't likely to be able to manually keep up with numerous requests for access and deletion by people keen on protecting their personal data. While creating internal tools and hiring more people can be viable solutions to this problem, the implementation and use of a privacy compliance tool or software is the most efficient and cost effective option. Automation is key to the future of responding to every data access request and staying in compliance with data security laws.
What types of data does the GDPR protect?
The GDPR mainly protects basic identity information like an individual's name, address, and ID numbers. The GDPR offers protection for web data such as location, IP addresses, cookie data, browser history, and RFID tags. GDPR data protection also includes biometric data; health and genetic data, racial or ethnic data, political views; and sexual Orientation.
What happens if my business is not GDPR compliant?
If your company or organization handles or works with personal data, you should appoint a data protection officer or data controller who will oversee GDPR compliance. There are stiff penalties for companies and organizations that fail to comply. The GDPR can impose fines of up to 4% of annual global revenue or 20 million Euros, whichever is greater. Many people wrongly perceive GDPR compliance as a mere IT issue, but nothing could be further from the truth. The GDPR has expansive implications for your entire company, including the way your company handles its marketing and sales activities. A software GDPR manager will go a long way in helping your company stay in compliance with the GDPR.
Do I still need a GDPR privacy compliance tool if my business is not in the EU?
The primary purpose of the GDPR is to safeguard personal data belonging to EU citizens and residents. The GDPR therefore applies to any organization that handles user data whether they are an EU-based organization or not. This is called the “extra-territorial effect.” There are two cases in which a non-EU organization would have to comply with the GDPR:
Offering goods or services
Thanks to the internet, goods and services in far-flung places are readily available for you wherever you are in the world. Someone in Miami could easily order a pizza online from a local pizza shop in Italy and have it delivered to a friend’s house there. However, the GDPR does not apply to occasional instances. Instead, regulators look for other identifiers to determine if an organization offers goods and services to people in the EU. To do so, they’ll look for things like if a Japanese company created ads in French or included pricing in euros on its website. Simply put, if your company is not in the EU but caters to EU customers, then you absolutely must be in compliance with the GDPR.
If your organization utilizes web tools that enable you to track cookies or the IP addresses of people who visit your website from EU countries, you fall under the jurisdiction of the GDPR.