What is GDPR?
GDPR is an EU regulation that is designed to protect data privacy with penalties and fines as high as $25 million. GDPR went into effect May 25, 2018. GDPR poses many requirements on organizations. These requirements include everything from data assessment to enacting privacy controls.
For many companies, managing and protecting personally identifiable information (PII) poses significant challenges. With the advent of GDPR, these challenges can now pose a significant financial burden.
What is GDPR Compliance Software?
GDPR compliance software uses automated redaction to intelligently identify text and remove sensitive information from files. Manually removing PII from EU citizens can be time-consuming and labor-intensive. Through automated GDPR compliance software, companies can accurately remove PII without losing valuable data.
Finding the Right GDPR Compliance Software
There are many GDPR compliance tools available. However, the right tool is flexible with the ability to handle any document type. It also needs to have contextual awareness and context sensitivity with the ability to cross-validate redaction fields. Finally, GDPR compliance software needs to handle data ambiguity to ensure EU citizens have their data adequately protected.
GDPR is here. Trapeze for Redaction helps companies take a significant step towards meeting those requirements and improving customer trust by ensuring their data stays protected. To learn more about how data redaction helps with GDPR compliance, contact SoftWorks AI for a free consultation.