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10 Security Experts On What The Industry Doesn't Get About GDPR

CRN asked 10 identity management and data protection CEOs and technical leaders what the biggest misconceptions or biggest areas of misunderstanding are around the soon-to-be-enforced GDPR regulations.

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Users Will Struggle With Getting Firms In Highly-Regulated Areas To Delete Their Data

An interplay exists between GDPR and other existing regulations that require the retention of records, according to Greg Wolfond, founder and CEO of Toronto-based SecureKey Technologies. Specifically, Wolfond said that GDPR isn't intended to tell banks or telecom companies to get rid of user data since they're already under regulation as to what they can and cannot do with data.

GDPR is much more focused on how organization use and share customer data and what they're allowed to share with or without a user's consent. For instance, Wolfond said banks have a legal obligation to maintain records for a certain period even for customers who have closed their accounts since tax authorities or other parties might come in.

The regulation is more focused on getting customer consent for sharing user information with third parties, according to Wolfond.

 
 
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