Uncertain about privacy?

28 January ‘24 marks not only Privacy Day, but also the signing of the Data Protection Treaty in 1981. As we celebrate this day, we also reveal the shocking 2023 figures that reflect the disturbing reality of large-scale cyberattacks and data breaches. With as many as 8,214,886,660 leaked records and fines as high as €4,418,921,884, it is important to recognise the complexity of data management in today's regulatory environment, (GDPR Enforcement, 2023).

But that is not all. 2023 also marks the start of the implementation deadline of the NIS 2 directive, which moves Europe towards a uniform standard for (cyber) risk for network and information systems. Wondering how YIM complies with the strictest privacy requirements? And can ensure that your organisation is never televised after a data breach? Then read on!

The challenge: Legal requirements versus privacy protection

Many organisations face an apparent contradiction. On the one hand, legal frameworks in certain industries, require the collection of extensive personal data and certifications. On the other hand, the GDPR and AVG dictate strict rules for minimising data collection and ensuring privacy. Failure to comply with these obligations can lead to fines or, worse, reputational damage which can lead to loss of customers, partners and even talent.

YIMs approach: privacy by design

YIM, the SaaS platform for (Physical) Identity & Access Management, developed by Nsecure, YIM understands the importance of this interplay and conforms to the strictest privacy requirements. Since 2008, it has offered an innovative solution that ensures that personal data is adequately secured and processed. The platform collects only the absolutely necessary information according to the legal frameworks, while adhering to the principles of data minimisation and privacy protection as prescribed by the GDPR and AVG. Through this strategic approach, YIM manages to balance legal requirements with GDPR and AVG compliance.

Flexible retention periods in line with the law

Another important aspect of YIM is the use of variable retention periods. These periods are adjusted to the specific requirements of the situation, allowing organisations to align their data management with both the requirements of the law and the principles of the AVG. This system ensures that personal data is kept no longer than necessary for its intended purpose, while still complying with legal requirements. This approach ensures that organisations meet certification and access management requirements without taking unnecessary risks in terms of data storage.

Outcome: Together towards a safe world ✅

On the Day we are paying extra attention internationally to personal data and the importance of its proper protection, it is crucial to recognise solutions like YIM, which bridge the need for comprehensive data collection by legal frameworks with the privacy protection and data minimisation requirements of the GDPR and AVG. By offering a balanced approach, YIM enables organisations to meet both requirements, keeping them both compliant and accountable in their data management practices.