“They’ve put some serious teeth behind these [GDPR] regulations”
These were the words of Rich Allen, vice-president, Ipswitch, speaking at Infosecurity Europe 2016 this week.
The General Data Protection Regulation (GDPR), which comes into play in 2018, will bring about an unprecedented set of cybersecurity rules with the view of creating a safer, more secure digital world in which the personal data of customers is paramount. Organizations who fail to comply with these new regulations can face huge fines of up to 4% of annual turnover.
What's more, Allen explained that the GDPR will affect pretty much all companies of all sizes.
“We all hear about hacks and breaches, and there are a lot of people trying to hack into our data,” he said.
There are several different steps that companies must take to successfully meet the demands of the GDPR but compliance alone doesn’t equal security, Allen added.
Instead, there are some key technological requirements that organizations should be implementing to ensure they are in the best position to successfully comply with the GDPR without breaking their budget, and these are:
Encryption
Analytics and Reporting
Perimeter
File sharing
Mobile Device Management
To conclude, Allen explained that Ipswitch has developed the Information Lifecycle Security Framework to help its customers protect their data at every stage, being “Data at Rest, Data in Motion and Data at Destination”.