30/09/2020
The Panasonic Business lineup emphasized the importance of technology for complying with European GDPR data protection regulations.
The GDPR (General Data Protection Regulation) entered into force on 23 May 2018 aims to strengthen and unify the protection of personal data of citizens of the European Union (EU) and of residents in the EU, both within that outside the borders of the EU, giving back to citizens the control of their personal data, simplifying the regulatory environment concerning international affairs, unifying and making homogeneous the privacy legislation within the EU.
The need to comply with this regulation has represented and represents for many companies a complex challenge that requires the modification and adaptation of certain processes that affect customer and employee data. The penalties provided for those who do not observe the GDPR can reach 20 million euros.
Document security and privacy
Paper documents are much easier to steal, copy or lose. Digital documents, even if stored on a simple filing system, can be password protected and data can be digitally encrypted.
Data search
Paper documents are more complicated to search than their content. With digital documents, this process will be simple, particularly if your digital documents have been OCRed (this means you can search for text within a document).
Data retention
Data retention is much easier with digital documents, in fact by using the right software, data retention can be set and controlled automatically by a series of rules.
Cost
The cost of processing paper data in compliance with the GDPR is far greater than processing digital data. While cost itself does not guarantee GDPR compliance, it is an important consideration for any business when evaluating options.
