Are there four letters presently capable of generating greater fear and anxiety for organisations around the world than GDPR? The majority of conversations surrounding its imminent arrival strike a tone similar to the way citizens were prepared for nuclear Armageddon during the Cold War. With so much attention focused on potential doomsday scenarios, are we ignoring the positive aspects? Could GDPR be a cloud with a silver lining?
Reducing the cost of storing data
Before the digital era, organisations had a finite capacity for data storage. When the filing cabinet looked fit to burst, it was time to purge the documents that were no longer relevant or useful. As businesses transitioned from hard copies to digital copies, that element of housekeeping was often left behind, perhaps proving there’s truth to the saying, out of sight, out of mind. Read more