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|Trustwave Prepares Global Businesses For The EUís General Data Protection Regulation
|Posted: Thu Dec 07, 2017 09:57:48 AM
From Risk Assessment to Ongoing Compliance Management, New Services Help Prepare Businesses for Europe's New Data Protection Framework
CHICAGO - December 7, 2017- Trustwave today announced new compliance services designed to help businesses worldwide assess and prepare for the European Union General Data Protection Regulation (GDPR), a new data protection law which applies to all organizations worldwide that control or process the personal data of EU citizens.
Taking effect on May 25, 2018, the GDPR replaces the EU Data Protection Directive and defines how personal data of EU citizens is lawfully collected, processed and stored while giving greater transparency and control to data subjects. Data breaches attributed to non-compliance could lead to steep fines of up to Ä20 million or four percent of global annual turnover for the preceding financial year, whichever is greater.
Trustwave GDPR services leverage the company's expertise in cybersecurity to help businesses understand the flow and housing of personal data through each department, the associated compliance risks, and how new GDPR principles apply to that process. They include:
"With its strict guidelines on how personal data is handled and heavy fines for non-compliance, the GDPR is poised to be the single greatest compliance event in decades and will be a wakeup call for businesses that are not prepared," said Michael Aminzade, vice president of global compliance and risk services at Trustwave. "Fortunately, as a recognized leader in compliance management and cybersecurity, we are well-positioned to help businesses both address GDPR and help ensure compliancy well into the future."
Trustwave's deep expertise in cybersecurity gives its customers the advantage in staying ahead of threats to personal data which could lead to steep fines under GDPR. Trustwave SpiderLabsģ, its renowned team of specialized security researchers, incident responders, and ethical hackers, together with globally dispersed Advanced Security Operation Centers (ASOCs) delivers up-to-the-second threat intelligence and remediation to help keep businesses compliant and cyber-ready twenty-four hours a day.
"Not adhering to GDPR is simply not an option for any size company," added Aminzade. "Trustwave can help remove the anxiety associated with new processes and procedures typically tied to regulations with a looming deadline. Although GDPR seems far off, if you haven't begun planning, now is the time."