If your U.S.-based company receives data (is a "data collector") from European Union (EU) citizens or residents, it must comply with the incoming GDPR - the EU's General Data Protection Regulation. That regulation divides "data collectors" into one of two categories: "Controllers" or "Processors." Determining which role best defines your corporate data-collection activities will also guide the development of your GDPR-compliant PII management systems.
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Europe's General Data Protection Regulation (GDPR) establishes a fundamental right to privacy in all of the "data subjects" that are within its jurisdiction. The rule becomes enforceable on May 25, 2018, and companies that have EU "data subject" information currently in their databanks must demonstrate by that date that they are managing that data per GDPR standards. If your enterprise works in the EU or with EU citizens, you need to be prepared to demonstrate GDPR compliance on or before its enforcement date.
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Beginning May 25, 2018, the European Union's General Data Privacy Regulation (GDPR) goes into effect, and it's a radical departure from American data privacy standards. The rule requires an explicit "opt-in" from every website visitor and covers all EU residents and citizens. Your enterprise must develop and maintain a whole new array of privacy protection systems to become and remain compliant with the new regulations.
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Question: What do General Motors, Goodyear, Motorola, DuPont and Panera Bread all have in common? While this may sound like the setup for a terrible punch-line, the reality is far from a joking matter. Within the last 10 years, these companies, along with scores of others, have fallen victim to trade secret theft, an increasingly prevalent corporate incursion that puts core corporate assets and billions in future revenues at risk.
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You probably know that businesses regularly collect and use consumers' personally identifiable information (PII), but do you know which companies have information about you, what information they have, and how precisely they collect and use it? More importantly, do you believe you have the right to deny or restrict what businesses do with your personal information?
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The One Professional Conference Laser-Focused on the Tactical, Real World Solutions that Lead to Success, March 28-29 in Los Angeles
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A year ago, in January 2017, Hyperion Research surveyed the legal community about their planned priorities for the year. Which operational objectives would they focus on in the new year to help drive success? And likewise, how will those objectives influence their budget and planning priorities? Now, as we get underway in 2018, we went back to assess how those plans panned out, and where did we as a community make the most progress. While the overall picture shows a general alignment between what was planned and what was done, there is definitely one standout that speaks to an important overarching market trend.
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The pressure on legal organizations for alignment with the needs of the businesses they serve fuels an appetite for data, in the form of operational metrics, Key Performance Indicators (KPIs) and other actionable intelligence. That, in turn, drives the quests for how best to consume that data—and is progressively more conveyed by increasingly popular dashboarding solutions.
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The highly anticipated release OF Hyperion's MarketView Report: Enterprise Legal Management is finally here! NEW FOR 2017! Incorporating over 500 hours of industry benchmarking, primary interviews, client references and vendor briefings, the report provides an invaluable resource for General Counsel and Legal Operations Managers to understand the leading trends in corporate legal department management, and the software solutions landscape.
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Hyperion Research’s proprietary VPI InfographicTM plots current market sentiments regarding trending IPM disciplines and competencies for relative Value, Priority, and Investment to organizations. The VPI Infographic’s competency matrix demonstrates the comparative value and priority ascribed to the core IPM capabilities; each capability is plotted on value and priority axes, while the size of each bubble represents relative levels of investment for each.
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