Can't see images? Click here...

 

PERSPECTIVES ON THE GENERAL DATA PROTECTION REGULATION

Dear friend,

The new European General Data Protection Regulation (GDPR) will come into force in only 33 weeks. With this major and complex change to the way data is handled, Europe is claiming a forerunner role. The impacts of the GDPR will be severe for organizations across industries and many have large, long launched programs to prepare their operations. That’s why we have dedicated an entire team to identify globally how large organizations can benefit from small and versatile tech startups to comply with the GDPR.

Our key recommendations for any organization dealing with the GDPR:

  1. GDPR's impact expands beyond the EU – all companies processing data of data subjects "in the Union" will be affected and more countries are expected to follow the EU's efforts (an example is the recent UK regulation!)
  1. Take a positive approach towards GDPR and understand the GDPR as an opportunity to maximize consumer trust and data value - not just as a threat to your organization
  2. Be creative when it comes to consent generation - the stricter rules are not the end of data monetization but require innovative solutions to make consent easy and smooth for customers

Enjoy the read, sign up for our webinar and feel free to reach out to us with any feedback and comments.

P.S.: If you can't wait for our next perspective to arrive, follow us on LinkedIn!

An expert opinion on GDPR - MMV talked to Monika Kuschewsky

Monika Kuschewsky is partner in the global Data Privacy and Cybersecurity practice at Squire Patton Boggs. With over 15 years of experience in data protection, she now concentrates on GDPR with a special focus on topics like IoT, “Bring Your Own Device”-policies, international data transfers as well as customer and employee data protection. We had the pleasure to talk to her about her views on GDPR readiness of companies around the globe and why GDPR is not the end of data monetization.

Read full interview

Organizations need to understand GDPR as an opportunity, not as a threat

The GDPR gives organizations the opportunity to redefine the way it uses and processes personal data, at best by putting their customers in the middle of their re-engineering efforts.

To ideally prepare organizations for the upcoming regulation, we have broken down the regulatory framework in five key business capabilities, which can be seen on the left in the matrix below. Those capabilities open up opportunities to increase trust, transparency, and value of data, as well as to optimize marketing and customer targeting.

Curious to know more? We help to get your organization "GDPR ready"

Just reply to this email and we will get back to you with our "GDPR ready" deck, featuring further insights into the business capabilities needed and how we can help organizations in acquiring them.

Match-Maker Ventures' GDPR webinar with Monika Kuschewsky from Squire Patton Boggs 

In order to prepare organizations for the GDPR, we are starting a series of webinars. We will translate the GDPR regulatory framework into business language! Join us for this one-hour session on October 18, 2017, and get valuable insights from industry stakeholders, startups and MMV's GDPR experts. We are very happy to have Monika Kuschewsky from Squire Patton Boggs on board who will also be available to answer all your questions.

Sign-up by clicking on the button below and stay tuned for more information in the upcoming weeks.

Sign-up for October 18, 2017

OptInk - Consent generation made easy

GDPR tightens the requirements for consent as legal basis for data processing, so most of an organization's consent will need to be renewed. Our portfolio company OptInk eases this pain, by leveraging mobile operators' ability to identify subscribers when using their mobile internet for fast and scalable consent generation.

Get in touch to learn more about OptInk's unique offering and how it can help your organization!

10th Annual TC3 Summit

November 1-2, 2017, Silicon Valley

This premiere innovation event gathers technology scouts from hundreds of telcos, telecom vendors, startups and investors every year to discover and promote new solutions across every segment of the communication industry. Our 10th Annual TC3 Summit will have more pre-arranged meetings(1100 MatchMaker meetings made last year), more telco case studies (10 case studies last year), more startup demos (40 demos last year), more technology topics (14 sessions last year), even more networking (improved networking tools), and a special registration discount just for MatchMaker Ventures subscribers ($300 off with discount code MMV) — so Register Now

Knowledge Nugget 

Even companies in the Valley have to prepare themselves for the upcoming GDPR. FT assessed GDPR readiness of 20 of the largest tech-companies with EU operations. A sign for GDPR readiness for regulators is the appointment of a board member responsible for data privacy.

We appreciate and wait for your feedback and comments

Match Maker Ventures

office@match-maker.ventures

match-maker.ventures

Facebook Twitter Linkedin

Unsubscribe