Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites.
Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. For avoidance of any doubts and to make it easier, you may consider any links to external websites as sponsored links. Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Topia Announces GDPR Readiness with Global Support for New EU Standard

Complete Platform Compliance for Customer Data Will Deliver Internal & External Process Security

Global Mobility Management (GMM) company Topia today announced the General Data Protection Regulation (GDPR) readiness of its entire GMM suite per the new standard, which goes into effect on May 25, 2018.

Topia’s GMM suite compliance ensures that its suite meets the international standard to safeguard the broadest range of personal information across its global business operations. In addition, the company has updated its privacy policy to reflect its new security posture and implemented a system to quickly respond to new types of data requests.

“Given the nature of our business, our predecessors, MOVE Guides and Polaris, have always been global-first and global-aware when it comes to handling and protecting confidential data,” said Elaine Foreman, VP of Legal and Real Estate with Topia. “Now unified under the new Topia brand, we’re taking a comprehensive approach to GDPR compliance to ensure that every piece of customer data we touch is protected with the proper technology and backed with appropriate support.”

According to a recent SAS survey, only 7 percent of U.S. and EU organizations are fully compliant with the new standard, and just 30 percent of U.S. companies expect to be compliant by the May 25th deadline, with most citing the significant impact on IT operations as the biggest hurdle.

“We’re very pleased to learn that we’re ahead of the curve compared to most businesses in achieving GDPR compliance,” Foreman said. “We see it as yet further proof that Topia is raising the bar when it comes to best practices and serving our customers’ needs.”

The user experience on the Topia platform will not change; customers will still enjoy the same ease of use, simplified move planning and management, and visibility into their full GMM program that allows companies and their employees to work everywhere. On the backend, Topia has implemented both GDPR data protection standards, as well as a new email alias ([email protected]) to which customers and employees can send data privacy inquiries.

Approved in April 2016 with full enforcement on May 25, 2018, the GDPR harmonizes data privacy laws across Europe, broadens the scope of protected data, use cases and geography, as well as penalties for noncompliance.

To learn more about Topia’s global mobility management suite powers business agility on a global scale, visit www.topia.com.