The Retail Death Star (a euphemism for whoever you think it is) has such a glowing reputation for its acumen with data that other companies clamor to know how the Death Star does it. Personal experience suggests myth does not match reality…and two rising stars signal that e-commerce just got a LOT more competitive. Read the full piece here.
Churchill Frank cited Jeff Cotrupe’s GDPR Survival Plan for organizations today on its blog in a piece titled How to increase data privacy and keep your information safe. In the piece, Churchill Frank cited the Stratecast report containing that GDPR Survival Plan, Our Detailed Privacy Blueprint: What All Parties Should Be Doing Right Now to Protect the People and Organizations They Care About, and a few of its many recommendations, including:
- To conduct an audit to determine exactly what personal data (as defined in the GDPR) you are currently collecting, where you are storing it and how long you are retaining it–and destroying any personal data you cannot justify for essential business purposes.
- That, while the GDPR applies to personal data held on citizens of the EU, organizations would do well to consider implementing data privacy best practices with regards to personal data on citizens of every region.
- To train every employee on privacy, because a company’s posture on privacy is only as strong as its weakest link.
Jeff Cotrupe’s report, Innovating Financial Services in the Big Data Era, outlines the challenges and opportunities financial institutions face in 2018 and beyond. The analysis includes how these companies are evolving alongside emerging data trends; the ROI they are obtaining from actionable analytics; where spending is occurring today; and where it needs to be focused going forward. Technologies and issues analyzed include AI, blockchain, privacy and the GDPR, security, the IoT, data governance, risk management, and compliance. The analysis also includes case study snapshots of best practices in the industry at Barclays Bank, VISA, Wells Fargo, BNY Mellon, EY, Allstate, and Cheyne Capital.
The report is featured in media articles including in Fintech Innovation (Effective big data analytics management crucial for FSI growth) and in CXO Today (How Big Data Is Changing Banking And Finance), and is generating significant activity on Twitter and LinkedIn.