All organizations globally that collect or process personal data on residents, visitors and expatriates within the European Union will be required to comply with the new EU General Data Protection Regulation. Companies not complying will face stringent penalties of up to 4% of annual global turnover or €20 Million (whichever is greater) for non-compliance. The GDPR will begin to be enforced on the 25th of May 2018.
The GDPR was adopted to protect personal data of individuals within the EU. Personal data is defined as any information related to a natural person or ‘Data Subject’, which can be used to directly or indirectly identify the person. It can be anything from a name, a photo, an email address, bank details, and posts on social networking websites, medical information, or a computer IP address.
Safe-T High-risk Data Security (HDSTM) Solution has been designed with compliance as a top priority. The HDS solution prevents un-authorized access to data services, networks, or APIs; prevents data exfiltration, leakage, malware, ransomware and fraud. The solution ensures your customers’ data is not compromised thereby enabling enterprises to achieve GDPR compliance.
The directive of the GDPR is to ensure that companies collecting or processing personal data do not compromise that data. In order to achieve this, companies must follow strict Authentication, Access Control, Encryption, Integrity, and Audit standards. HDS has controls in place to ensure that only authorized users have access, encrypt information in transit and at rest using SSH and SSL protocols, has connectors to Anti-virus and DLP scanning solutions and provides event and action logging to achieve strict auditing compliance.
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