One Year to GDPR Enforcement – Are you Prepared?
Companies that are currently managing data in the European Union (EU) are facing a critical time right now. The EU General Data Protection Regulation (GDPR) deadline -- May 25, 2018 -- is less than a year away
Adding to the sense of urgency, a Dell survey focusing on GDPR readiness reported that “more than 80 percent of global respondents know few details or nothing about GDPR.”
What is the EU General Data Protection Regulation (GDPR)?
The European Commission established the EU GDPR to ensure that companies follow a set of security standards that help protect EU residents and their personal data and privacy. The regulation focus is on the “data subject rights” of EU residents and their right to control their personal data, the right to retain complete access of their personal data, ensure accuracy or delete their data, correct or permanently remove their data (known as the “right to be forgotten”), and deny the use or processing of their personal data.
Do you know where your company stands when it comes to complying with GDPR? If any of the following questions applies to you, then it may be time for you to start working on your GDPR compliance strategy.
Does your company:
- Offer goods or services within the EU?
- Employ EU residents or citizens?
- Manage consumer data within or from the EU?
- Move consumer or employee data outside of the EU?
3 Things that Could Slow You Down
Meeting GDPR compliance and protecting EU residents’ privacy and personal data within your IT infrastructure will entail much more than installing new security software or implementing a new security policy. Facilitating and sustaining compliance will require a dynamic process than what most organizations already have in place. Meeting and maintaining compliance can be a challenge for companies that face the following issues:
- Awareness: What your employees don’t know can hurt your compliance initiatives. Consider offering regularly scheduled security training on the proper handling of data.
- Data Volume: What you don’t see can hinder your ability to secure data. Managing a higher volume of data becomes even more arduous to protect without a solution that enables visibility, monitoring, or reporting. It will also be a problem if you need to audit or report on your data and security measures for GDPR.
- Security Hygiene: If you’re not securing or managing the endpoints within your IT infrastructure, allowing the practice of shadow IT, or not properly controlling administrative access to your data, then it’s time to reevaluate your data security hygiene. In each case, your data could be compromised. Effectively securing your data and IT infrastructure within GDPR compliance equates to maintaining full control and visibility.
Exceed GDPR Compliance with Globalscape
EU GDPR was developed to standardize companies’ data management processes so that they remain accountable to EU residents when handling their data. As a result, companies are required to comply with GDPR need the capability to manage data transparently and efficiently—all of which are core components of Globalscape’s MFT technology, Enhanced File Transfer™ (EFT™).
EFT can help you simplify your journey to GDPR compliance with its built-in controls that support regulatory compliance, governance, and visibility. At the same time, EFT offers enterprise-level security and administration that’s easy and granular enough to ensure that you have complete control over your file transfer system.
With EFT, you can:
- Use industry-standard secure protocols to secure your file transfers
- Monitor file movement and user activities on your network
- Create a multi-layered security solution for data storage and retrieval, authentication, and firewall traversal with Globalscape DMZ Gateway®
- Use malware and IDP tools to prevent malware from entering the network and sensitive data from leaving the network
- Use data wiping to thoroughly delete data
- Encrypt stored data
- Securely access your data on any device without the cloud
Meeting and maintaining GDPR compliance is a process that will take time, planning, and the right tools in place. We’d love to help you on your journey. Download our latest eBook, “EU GDPR Compliance – Are You Prepared?” or contact us today to find out how we can help you comply with GDPR. *