Managing the User's Consent Life Cycle: Challenges, GDPR Compliance and (Business) Rewards
- LANGUAGE: English DATE: Tuesday, April 04, 2017 TIME: 4:00pm CET, 10:00am EDT, 7:00am PDT
A core requirement coming up with GDPR is that parties processing personally identifiable information need to ask the user for his/her consent to do so and let the user revoke that consent any time and as easy as it was given. Keeping an audit able trail of consent, scope of use and revocation during the whole customer identity life cycle is a significant requirement not covered by traditional Identity & Access Management (IAM) solutions.
In this webinar, we will have a look at what makes the difference between employee focused IAM and Customer focused IAM (CIAM) and what a CIAM solution needs to provide in order to help your organization mastering the GDPR (and PSD2) challenges. Some of the key takeaways will be:
- GDPR & PSD2 requirements for consent life cycle management
- Proposals on where and how to implement this capability
- How to take advantage of the UMA (User Managed Access) Standard defined by Kantara Initiative
- How to turn GDPR requirements into a business advantage
During the first part of the webinar, Martin Kuppinger, Principal Analyst and Founder of KuppingerCole, will talk about how to include a compliant and business oriented CIAM strategy into your Identity & Access Management program.
In the second part of the webinar, Corné van Rooij, VP Product from iWelcome, talks about the different consent needs of GDPR and PSD2 and will provide you with a step-by-step approach to implement consent life cycle management focused CIAM into your enterprise infrastructure.
iWelcome provides Identity & Access Management as-a-service (IDaaS). We enable organisations to manage the identity lifecycle and the access rights of their consumers, workforce & business partners in a user friendly and secure manner. As only European IDaaS provider, we not only assure European data residency, we are also the first platform that is fully GDPR-compliant. Our platform is rated ‘Excellent’ by Gartner and named Product and Innovation Leader by KuppingerCole and TechVision.
PSD2 and the Open Banking Standard are regulatory mandates being applied to the banking industry by the European Banking Authority (EBA) and Competition & Markets Authority (CMA) across Europe and in the UK respectively. The regulations require that banks operating across the region expose open APIs to allow other banks and third parties to access the data they hold on customers, when the customer has given their explicit consent. Designed to improve choice for customers, create more competition and stimulate innovation in the finance sector, the introduction of 'open banking' in the UK and across the EU will transform banking as we know it.
European Identity & Cloud Conference 2017 is the place where identity management, cloud, and information security thought leaders and experts get together to discuss and shape the future of secure, privacy-aware agile, business- and innovation-driven IT. The EIC has become a kind of family gathering, the place where the global identity and cloud community meets every year. So take the opportunity to meet IT professionals and colleagues who are involved in this community, get advice from people who are fervent about IAM and Cloud Security.