Trust conquers all. As a result of the digital transformation revolution, consumers are sharing more information than ever. And regulatory bodies are taking a closer look at how organisations are treating this data. This is driving new, stricter privacy laws and requirements for consent management. The General Data Protection Regulation (GDPR) should be top of mind for many, regardless of geographic location. Organisations that hold or process the personal information of EU citizens are subject to the impact of GDPR: significant penalties for GDPR infractions started on May 25, 2018.
But new regulations don’t have to bring only doom and gloom. Addressing GDPR using a business framework approach, including a methodology that “leans-in” to consent, will ensure more robust trust relationships with consumers. The ForgeRock Identity Platform™ can help put transparency and control into the hands of the consumer and ultimately build those trusted relationships that differentiate an organisation from the competition.