Using Machine Learning to Save Businesses Time and Money as They Comply with the New EU Regulation

The most hyped law on data protection has finally come into effect on May 25, 2018. Passed by the European Parliament on April 14, 2016, it is already being touted as the most stringent data protection law across the world. Prior to GDPR, Data Protection Directive of 1995 was applicable which now stands repealed. Apart from the businesses incorporated in the European Union, GDPR also applies to businesses incorporate outside the European Union but are dealing with the data of EU residents.

There’s much talk about the General Data Privacy Regulation (GDPR) taking effect on May 25 and its impact on US companies with European operations. As more and more information has been collected electronically over the years, it’s become necessary to mandate that companies better protect this information from being breached. With this mandate, the days of collecting and storing personal information are gone.

SIEM solution, as one of the best cybersecurity solutions, can help organizations being compliant with the GDPR strict requirements. As a matter of fact, GDPR compliance is indispensable for enterprises managing the data of European Union (EU) citizens because noncompliant organizations have to bear the brunt of huge penalties in terms of massive fine and reputational damage.

May 25th 2018 is coming fast. Do you have the audit detail necessary to meet General Data Protection Regulation compliance objectives?

Due to the growing and ever-changing digital market, the EU took a major step to protect EU citizens’ personal data and privacy rights in today’s digital world. From proposal to adoption, the General Data Protection Regulation (GDPR) took over four years to become law regulating the data collection and security during processing and movement of personal data of EU citizens. The GDPR is applicable in all EU markets/countries, including by association, Norway, Switzerland, and the UK.