TCS recognised as a leader in GDPR services by NelsonHall

India's largest IT services company Tata Consultancy Services (TCS) has been recognized as a leader in offering General Data Protection Regulation (GDPR) Services by NelsonHall’s NEAT evaluation.“With growing concerns around the handling of personal data, we will only see more legislative interventions such as GDPR in the near future, forcing enterprises to prioritize spending on data privacy and security,” said Satish Thiagarajan, Global Head, Cyber Security Practice, TCS. The General Data Protection Regulation (GDPR) is a comprehensive set of directives put in place by the European Union to protect personal data of all its citizens. The new regime that came into effect on May 25 in EU seeks to reshape the way organisations have approached data privacy in the region.This has opened up consulting and services opportunities for IT services companies to help their clients understand new data rights for users such as the lawful basis for processing personal data, privacy impact assessment, redesign systems and sign-up forms to get explicit consent, requirements for data storage, and other obligations mandated by the regulator to protect user data. The report lists as TCS strengths, its extensive knowledge of customers’ IT systems, allowing for faster implementation; the wave-based approach to remediation which prioritizes the most vulnerable processes; TCS’ ownership of tools like MasterCraft Dataplus for data governance, cleansing and masking, and Crystal Ball for consent management; and a strong managed security services practice for ongoing compliance and security operations, along with investments in machine learning for security with the ignio platform. From a utilities to financial services, all businesses require user data to offer services to their customers. The GDPR allows customers/users to know more about what kind of data is being collected, for what purpose it is being used, and bestows customers with the right to delete their data if they are not convinced by the use of their data by companies.TCS offers a full suite of services including consulting, professional, and damaged services related to GDPR. "Some of the proprietary tools and platforms supporting TCS’ GDPR services include: GDPR Readiness Assessment Toolkit, Crystal Ball, MasterCraft DataPlus, Data Masker, GRC portal and the Security community portal," the company said in a release. ET previously reported that Indian IT services companies have flagged GDPR as a 'compliance risk', but it has also opened up opportunities to help their customers in EU to migrate to the new privacy regime. Mike Smart, Senior IT Services Analyst with NelsonHall, said: “TCS’ GDPR services are backed by its wave-based approach to remediation, targeting the highest risk systems to improve client compliance. TCS’ knowledge of the regulation, of their clients’ current IT systems, and its toolkits allow it to put in place highly detailed remediation plans for GDPR compliance.”TCS’ MasterCraft DataPlus provides data provisioning, privacy, quality, and governance management including data profiling, cleansing, deduplication, and data masking. Crystal Ball is a platform for capturing and enforcing customers’ privacy requirements.The list of services include, Consulting: GDPR readiness assessments, privacy risk and impact assessments, data privacy policies and process consulting, data classification and retention policy definition, privacy policies and processes, privacy awareness and training and third-party privacy assessments. Professional services such as e-discovery of personal data, classification of structured and unstructured data, enforcement and implementation of policies, implementation of technologies to aid in compliance such as data masking, encryption, DLP, IAM and implementation of security monitoring technologies.The managed services offerings include privacy by design and default, incident monitoring and reporting, access governance, tools support and periodic audits.

from The Economic Times http://za.gl/0hCT5K