Starting on May 25, 2018, the European Union will put into effect a new data protection act called the General Data Protection Regulation (GDPR). This mandate states that all organizations who are operating in the EU region must comply with its data protection regulations.
Companies must set up security policies to enforce the new law. Failing to do so will result in fines of up to 10 million euros or more.
Yes, it is a daunting task for many companies to get in compliance with GDPR, but there are tools available that help organizations to align with the technical specifications of GDPR compliance.
Here are some ways in which GDPR readiness can be achieved by implementing data delivery and security applications:
#1 GDPR regulations state that organizations should control and restrict access to personal data. With security systems, organizations set up this control and have secure access to applications through multi-factor authorization.
#2 Organizations need to have centralized data stored and setup encrypted communication between centralized data and the endpoint that is trying to access the data. GDPR states that personal data should be encrypted in transit.
#3 GDPR puts a strong emphasis on avoiding data breaches. Therefore, companies must store data in a data center which is easily accessible to employees and other users who are part of the ecosystem.
#4 Whenever data is stored in systems within an organization, it should be encrypted according to GDPR guidelines.
#5 Companies should have systems in place to complete clarity on all records that are in process and a detailed log of who has accessed the data, at what time, and from what location.
Data protection is now critically important for almost every company. “Organizations should ensure that privacy and data protection is a key consideration in the early stages of any project, and then throughout its lifecycle.”
To learn more about GDPR compliance and what measures your company should take to ensure its ready for the new regulation, click the link below for more information.