The European Union is about to make one of the most radical changes in data protection ever seen by a government, and it will affect any company collecting information on European individuals – even if they have no business on the continent.
The EU’s General Data Protection Regulation (GDPR) will be implemented on May 28, 2018, and it outlines how data on EU citizens can be stored by companies around the world. Non-compliance to the new rules is costly: organizations in breach of the rules can be fined up to 4% of annual global turnover or €20 million ($23.4 million USD), whichever is greater.
What would cause such a hefty fine? “Not having sufficient customer consent to process data” is one item of malice listed on the EU’s website.
Even though it can take days and weeks for companies to figure out what’s going on when they’ve been hacked, GDPR rules stipulate that Brussels will need to be notified of any breach of personal data within 72 hours. Data processors will need to notify their customers of the same “without undue delay” or risk an astronomical fine.
This only scratches the surface of how GDPR will affect data collection and breach management. We encourage our readers to learn more about how this new law will affect their day-to-day business.
The key takeaway is that the EU is imposing draconian measures to force organizations to take cybersecurity seriously.
Evizone was founded on the principle that no data can ever be stored safely without best in class security and encryption. That is why we offer the strongest commercially available system for secure communications and compliance archiving.
All data transmitted through Evizone is protected with Evizone’s patented security architecture and military-grade encryption. Nothing is stored on external devices, meaning a stolen cellphone or computer will not compromise any information.
Evizone provides its clients with a closed high security zone to view and manage data; the only way you can have true secure communications in the twenty-first century.
The GDPR is a complicated, bureaucratic law. But compliance is as easy as using Evizone. To test out our services, visit us at http://evizone.com/free-trial/.
About Evizone Ltd.
Evizone Ltd. is a revolutionary secure communications, encryption and compliance software and service provider based in Montreal, Quebec, Canada. Evizone offers innovative enterprise solutions in secure messaging (next generation beyond encrypted e mail) and encryption, encryption at rest, regulatory compliance, compliance archiving, WORM compliance, 17a-4 compliance, document life cycle management and communications governance and risk management. Evizone’s services protect organizations through best in class security, encryption, recipient controls, document life cycle management, discovery management, compliance management, compliance archiving, tamper proof WORM and 17a-4 compliance archiving and complete audit records against the enormous damage caused by communications breaches. Evizone’s patented technologies offer a level of security impossible to obtain with conventional or encrypted email and fast, powerful, user friendly compliance archiving. Evizone’s services are immediately available on multiple platforms and provide the strongest commercially available communications security and compliance archiving. You can follow Evizone on Facebook, Twitter, and LinkedIn.
Tom Kott, HATLEY Strategy Advisors, 514.316.7082, email@example.com