The General Data Protection Regulation (GDPR) is a regulation that requires organizations to protect the personal data and privacy of EU citizens for transactions that occur within EU member states. Organizations around the world—not just those in the EU—need to prepare now. Noncompliance could cost organizations greatly.
The GDPR comes into effect on May 25, 2018 and applies to all organizations who market to or process information belonging to EU citizens—whether or not you’re based in the EU. With the May 25 deadline closing in, organizations need to take action now in order to comply with the GDPR requirements.
As GDPR sets new standards for consumer rights regarding their data, companies are scrambling to put compliance systems and processes in place.
Big Change is Coming
Organizations will be forced to change the way they process, store, and protect customers’ personal data. For example, companies will be allowed to store and process personal data only when an individual consents and for no longer than is necessary for the purposes for which the personal data is being processed. Personal data must also be portable from one company to another, and companies must erase personal data upon request.
Security teams will face new expectations and challenges related to identity, including how IP addresses are stored – the GDPR provides a broad view of what constitutes personal identification information. The level of protection that is currently provided for an individual’s name, address and Social Security number will now be required for that individual’s IP address and cookie data.
Now is the Time to Take Action
New Context can help you take action and get in compliance, reducing risk and saving cost.
GDPR is going to put strain on the processes in your organization that track and manage identity. We can help bring your architecture into alignment with your compliance policies, automatically enforcing rules such as GDPR. Our scalable approach solves for GDPR and prepares you for compliance with new new rules around privacy and identity next year and beyond.
Waiting until the end of your development process to reach compliance adds significant cost and risk – New Context is about getting you ahead of the change.
New Context is also supporting clients working with IoT and edge computing, integrating GDPR in an architecture that scales and adapts.
— Daniel Riedel, CEO, New Context
Would your business or organization benefit from an assessment of your GDPR readiness, or a do you need a team to get right to work?
New Context is ready to show you how we’ve solved issues like these for other clients.