GDPR compliance is in every company’s best interest
Are you in compliance with GDPR and other data privacy laws? Most companies are not. What they risk is millions of dollars in fines by not following the law and properly protecting consumer data.
While GDPR is the most recent and high profile data privacy law to make headline news, consumer protection policies are coming on line or may already be in place around the world — from the Philippines and Africa, to Switzerland, Canada, Singapore, and California. Companies that suffer a data breach after failing to undertake sufficient measures to secure their systems are subject to not only massive penalties but loss of credibility and reputation. American companies are not immune. GDPR regulation, for example, applies to all companies controlling or processing the personal data of those residing in the EU, regardless of a company’s location. The implications of GDPR for U.S. companies are significant, and compliance is mandatory.
Having proper identity access management controls in place is essential to limit access to personal data by only authorized employees. Only those who require access to confidential data are allowed access to the network. Using multifactor authentication