Delphos helps companies comply with the data protection law.
If not followed, the General Data Protection Law (LGPD), which shall be in force in 2020, may generate fines of up to R$ 50 million.
In times of a digital society, data have become one of the richest sources of a global economy — and the closeness of the coming in force of the General Data Protection Law (LGPD) places Brazilian companies from the most varied sectors in a race to adjust themselves to the new rules.
“To meet them, The data management cycle must contemplate governance strategies which control the collection, use, sharing and disposal of information, thereby ensuring their protection and confidentiality” , explains Elisabete Prado, from Delphos.
The legislation, to be in force in August , 2020, is inspired in its European version (GDPR), and regulates the use of consumers’ personal data per company, thus impacting their entire operation.
Failure to comply may result in fines of up to R$ 50 million, or 2% of the companies’total earnings, whichever is higher.
Seeking to provide solutions in this important niche, Delphos relies on Datapeers, a tool developed by the Portuguese firm ITpeers, which contemplates, among other functionalities, masking techniques to protect confidential data, therefore rendering their use and sharing 100% secure.
“In addition to helping companies comply with the LGPD, this tool contributes to a 75% decrease in test data costs as well as to productivity gains, while also allowing for interoperability with the market’ main databases”, adds the executive.
The solution also optimizes data storage and servers, reducing by half the time needed for the creation of test environments and for approval in the IT area. “Cost-benefit would be extremely advantageous even if there were no fines contemplated. ROI (Return Over Investments is generated in less than six months,”, completes Elisabete Prado.
On Delphos : Having been in the market for 51 years, Delphos was the first service company created to specifically meet the Brazilian insurance market needs. The company is qualified to render services in any activity related to the various insurance markets, from preliminary risk analysis to claim regulation, with emphasis on information technology [www.delphos.com.br]