Nearly every week high profile security breaches happen, and they can happen to any organisation, at any time, anywhere in the world. At end of 2016 the global table of attacks included big names in healthcare, hotel and supermarket chains, banks, government, telecoms and universities. Businesses can no longer afford to just react to a security breach, they must identify weakness and preempt attacks before they happen.
As Big Data is proving itself a refinery for business expansion, the growing realisation is that it also presents the perfect analytical defence machinery to protect organisations and their customers against cybercrime. Big Data allows them to act quickly to preempt threats.
As data is held and moved between many different stores, technologists and legislators both have a role to play in protecting personal data and on the compliance front, the European Union leads the way.
General Data Protection Regulation (GDPR)
The European Union is embarking on a new regime of data handling regulations. From May 2018, personal data (data that directly or indirectly identifies a living person) that is used for commercial purposes will be subject to rules that ensure organisations better protect that data, and individuals have easier access to data held about them.
Any company within the EU, or doing business with the EU, and monitoring personal data about EU citizens will be subject to these regulations.
No excuses
GDPR also prohibits the use of an individual’s sensitive personal data for automated decision-making purposes, making the need for data masking, encryption, and the monitoring of sensitive data particularly important.
The new regulations provide little leeway for delays or excuse-making about security breaches that result in identity theft, fraud, financial loss, damage to reputation, or other adverse effects. And the penalties are harsh. GDPR non-compliance on an individuals’ rights are punishable by a fine of up to EUR 20,000,000, or up to 4% of the total worldwide annual turnover of the preceding financial year (whichever is higher).
A year to act
With less than eighteen months before GDPR comes into effect the time is right to assess your position and plan your route to compliance, and Dataguise and Coforge have joined forces to outline the four steps you can take right now.
We invite you to attend The 4 Steps to GDPR Compliance Webinar
on Tuesday, January 31, 2017 at 10 am GMT / 3:30 pm IST / 2 am PST to learn:
1. How to understand the sensitive data landscape within your entire organisation
2. How to put in place appropriate data protection controls
3. How to fully automate processes for sensitive data governance
4. How to generate sensitive data reports continuously for data at rest and in motion
About the organisers:
Coforge is a global IT services and consulting company focused on providing systems integration and Big Data solutions to enterprise organisations. The company helps businesses improve performance, profitability, intelligence and security.
Dataguise is the only vendor to provide end-to-end sensitive data protection to help you meet regulatory requirements and maintain compliance as your business grows.
Coforge is also a Hortonworks Gold Partner, an Authorised Reseller and Certified Consulting Partner for MapR and Cloudera Silver Partner.
If you would like to find out more about how Big Data could help you make the most out of your current infrastructure while enabling you to open your digital horizons, do give us a call at +44 (0)203 475 7980 or email us at Salesforce@coforge.com